The estimated Net Worth of Morris Richard Smith is at least $3.66 Million dollars as of 7 June 2023. Mr. Smith owns over 300 units of McGrath Rentcorp stock worth over $3,257,100 and over the last 14 years he sold MGRC stock worth over $205,626. In addition, he makes $202,180 as Independent Director at McGrath Rentcorp.
Morris has made over 21 trades of the McGrath Rentcorp stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 300 units of MGRC stock worth $31,020 on 7 June 2023.
The largest trade he's ever made was buying 6,000 units of McGrath Rentcorp stock on 31 October 2014 worth over $109,920. On average, Morris trades about 981 units every 91 days since 2010. As of 7 June 2023 he still owns at least 31,500 units of McGrath Rentcorp stock.
You can see the complete history of Mr. Smith stock trades at the bottom of the page.
Morris Richard Smith serves as Independent Director of the Company. Mr. Smith was elected a director of the Company in 2010. Mr. Smith also serves as a member of the Board of Directors of Aegion Corporation (NASDAQ:AEGN) (formerly Insituform Technologies, Inc.), a global provider of pipeline infrastructure protection services and technologies since 2009. He also served as a director of Sithe Global Power, LLC, an international power development company from 2008 to 2016. Mr. Smith served as Senior Vice President of Bechtel Group, Inc. and President of its fossil power business unit, where he managed Bechtel’s global fossil power engineering and construction activities, until 2007. This position culminated a 26 year career with Bechtel. During that tenure, he also served as Chief Executive Officer of Intergen, a joint venture between Shell and Bechtel, from 2004 to 2005. From 1992 to 2000, Mr. Smith was at a PG&E joint venture and at PG&E Corporation where he was responsible for all corporate development activities. With his extensive experience serving as a board member and in executive management roles for a number of public companies, Mr. Smith brings to the Board of Directors a valuable perspective on issues facing public companies as well as considerable guidance on corporate development, business operations and the energy industry. Mr. Smith received a B.S. in Aerospace Engineering from Auburn University, a M.S. in Mechanical Engineering from Northeastern University and a M.B.A. from Golden Gate University.
As the Independent Director of McGrath Rentcorp, the total compensation of Morris Smith at McGrath Rentcorp is $202,180. There are 14 executives at McGrath Rentcorp getting paid more, with Joseph Hanna having the highest compensation of $2,555,510.
Morris Smith is 72, he's been the Independent Director of McGrath Rentcorp since 2010. There are 2 older and 21 younger executives at McGrath Rentcorp. The oldest executive at McGrath Rentcorp is Ronald Zech, 76, who is the Non-Executive Independent Chairman of the Board.
Morris's mailing address filed with the SEC is C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE, CA, 94551.
Over the last 21 years, insiders at McGrath Rentcorp have traded over $103,925,273 worth of McGrath Rentcorp stock and bought 123,000 units worth $1,857,260 . The most active insiders traders include Bradley M Shuster, Dennis C Kakures, and Robert Pmcgrath Joan M Mcgrath. On average, McGrath Rentcorp executives and independent directors trade stock every 11 days with the average trade being worth of $1,178,036. The most recent stock trade was executed by Elizabeth A Fetter on 1 August 2024, trading 1,000 units of MGRC stock currently worth $103,400.
mcgrath rentcorp was founded in 1979 and is headquartered in livermore, california. the company is a diversified business-to-business rental provider that is comprised of the following units: mobile modular management corporation, mobile modular portable storage, trs-rentelco, enviroplex, inc., and adler tank rentals. * mobile modular management corporation * provider of relocatable modular buildings for rent, lease, or purchase. mobilemodularrents.com * mobile modular portable storage * provider of portable storage containers and office / storage combinations for rent, lease, or purchase. mobilemodularrents-portablestorage.com * trs-rentelco * rents, leases, and sells electronic test and measurement equipment for rent, lease or sale for both general purpose and communications needs. trs-rentelco.com * enviroplex, inc. * manufacturer of division of the state architect (dsa) approved modular buildings for both public and private schools throughout california. enviroplexi
McGrath Rentcorp executives and other stock owners filed with the SEC include: