Ragen York A. 4

What Happened
Ragen York A., Chief Financial Officer of Generac Holdings (GNRC), exercised 24,362 options on February 25, 2026 at an exercise price of $40.12 (cost $977,403) and then sold the resulting shares in multiple open-market transactions the same day. The sales generated aggregate proceeds of about $5.74 million (sales at weighted-average prices reported across several tranches). This is an option exercise followed by share sales (common, often used to cover exercise costs/taxes or to monetize equity).

Key Details

• Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (within the typical 2‑business-day reporting window).
• Exercise: 24,362 shares exercised at $40.12 per share (cash paid ≈ $977,403).
• Sales: 24,362 shares sold in multiple tranches at weighted-average prices listed (sale prices ranged roughly $230.87 to $237.83 per share by footnote), total proceeds ≈ $5,739,828.
• Notable footnotes: weighted-average sale prices reported for each tranche (F1–F7); the options/shares were fully vested (F9); one share previously omitted in a 2024 filing was noted (F8). Reporting person offers to provide per-price breakdowns on request.
• Shares owned after transactions: the Form 4 excerpt shows the exercised shares were sold the same day; the filing excerpt provided here does not list the reporting person's total beneficial ownership after these transactions.

Context
This was an exercise of vested options (derivative transaction) followed by immediate open-market sales. That pattern is typically a cashless monetization of options rather than a discretionary purchase indicating additional bullishness. The filing is informational and does not itself indicate motive.