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Generac (GNRC) president gets stock, options as shares withheld for tax

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Generac Holdings President, Energy Technology, Norman P. Taffe reported equity compensation and related tax withholding transactions. On March 1, 2026, he received a stock option for 2,020 shares at an exercise price of $0.00, vesting in four equal annual installments, and restricted stock awards totaling 4,294 common shares that vest in three equal annual installments, all subject to continued service. To cover tax obligations, he disposed of an aggregate 1,897 common shares at $228.14 per share, leaving him with 16,697 common shares held directly.

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Insider Taffe Norman P
Role President Energy Technology
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) 2,020 $0.00 --
Grant/Award Common Stock 1,096 $0.00 --
Grant/Award Common Stock 1,816 $0.00 --
Grant/Award Common Stock 1,382 $0.00 --
Tax Withholding Common Stock 575 $228.14 $131K
Tax Withholding Common Stock 443 $228.14 $101K
Tax Withholding Common Stock 287 $228.14 $65K
Tax Withholding Common Stock 303 $228.14 $69K
Tax Withholding Common Stock 289 $228.14 $66K
Holdings After Transaction: Stock Option (Right to Buy) — 2,020 shares (Direct); Common Stock — 15,107 shares (Direct)
Footnotes (1)
  1. Subject to continued service through the vesting date, the Restricted Shares shall all vest in equal installments on each of the first three (3) anniversaries of the Date of Grant. Subject to continued service through the vesting date, the Options shall all vest in equal installments on each of the first four (4) anniversaries of the Date of Grant.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Taffe Norman P
(Last) (First) (Middle)
S45 W29290 HWY.59
C/O GENERAC HOLDINGS INC.
(Street)
WAUKESHA WI 53189
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GENERAC HOLDINGS INC. [ GNRC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President Energy Technology
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 A 1,096(1) A $0 15,107 D
Common Stock 03/01/2026 A 1,816 A $0 16,923 D
Common Stock 03/01/2026 A 1,382 A $0 18,305 D
Common Stock 03/01/2026 F 575 D $228.14 17,730 D
Common Stock 03/01/2026 F 443 D $228.14 17,287 D
Common Stock 03/01/2026 F 287 D $228.14 17,000 D
Common Stock 03/01/2026 F 303 D $228.14 16,697 D
Common Stock 03/01/2026 F 289 D $228.14 16,408 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $228.14 03/01/2026 A 2,020 (2) 03/01/2036 Common Stock 2,020 $0 2,020 D
Explanation of Responses:
1. Subject to continued service through the vesting date, the Restricted Shares shall all vest in equal installments on each of the first three (3) anniversaries of the Date of Grant.
2. Subject to continued service through the vesting date, the Options shall all vest in equal installments on each of the first four (4) anniversaries of the Date of Grant.
/s/ Raj Kanuru, Attorney in Fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Generac (GNRC) executive Norman P. Taffe report?

Norman P. Taffe reported grants and tax-related share dispositions. He received a stock option for 2,020 shares and restricted stock totaling 4,294 shares, and used 1,897 shares of common stock at $228.14 each to satisfy tax obligations, all held directly.

How many Generac (GNRC) stock options were granted to Norman P. Taffe?

He was granted a stock option covering 2,020 shares. The option was awarded at an exercise price of $0.00 per share and is scheduled to vest in four equal annual installments, subject to his continued service through each applicable vesting date.

What restricted stock awards did Norman P. Taffe receive from Generac (GNRC)?

He received restricted stock awards totaling 4,294 common shares. These restricted shares are scheduled to vest in three equal annual installments, conditioned on his continued service through each vesting date, increasing his direct ownership stake in Generac common stock.

Why did Norman P. Taffe dispose of Generac (GNRC) shares in this Form 4?

The reported share disposals were tax-withholding transactions. A total of 1,897 common shares were delivered at $228.14 per share to satisfy exercise price or tax liabilities associated with his awards, rather than discretionary open-market sales of Generac stock.

What is Norman P. Taffe’s Generac (GNRC) share ownership after these transactions?

Following the reported grants and tax-withholding dispositions, Norman P. Taffe directly owns 16,697 shares of Generac common stock. This figure reflects his updated direct holdings after the combination of new equity awards and shares used to cover related tax obligations.

How do the Generac (GNRC) equity awards to Norman P. Taffe vest over time?

The restricted shares vest in three equal annual installments, subject to continued service. The stock options vest in four equal annual installments, also contingent on continued service. These schedules are designed to align his compensation with long-term company performance and retention.