Taffe Norman P 4

What Happened

• Norman P. Taffe, President — Energy Technology at Generac (GNRC), exercised stock options for 1,040 shares at $119.54 (cost ≈ $124,322) on Feb 25, 2026 and sold a total of 1,973 shares that same day in open-market transactions for aggregate proceeds of ≈ $470,628 (933 shares @ $239.13 = $223,108; 1,040 shares @ $238.00 = $247,520). A derivative disposition of 1,040 shares at $0.00 was also reported the same day. Sales are typically routine cashing-out events; the exercise represents an acquired interest.

Key Details

• Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (timely).
• Trades: exercised 1,040 shares @ $119.54 (M) for ~$124,322; sold 933 @ $239.13 for $223,108; sold 1,040 @ $238.00 for $247,520; reported disposition of 1,040 shares @ $0.00 (derivative).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: F1 — Fully vested.
• Filing status: not reported late.

Context

• The sequence (exercise followed by same-day sales of 1,040 shares) is consistent with a cashless or immediate-sale exercise of options. The reported derivative disposition at $0.00 may reflect share surrender for tax withholding or net-share settlement, though the filing does not specify the reason. Purchases (option exercises) can signal retention of value; sales are often routine liquidity events.