Taffe Norman P 4

What Happened

• Norman P. Taffe, President of Generac Home, exercised stock options and sold company shares on 2026-07-06. He exercised 250 shares at a strike price of $119.54 (cost ≈ $29,885) and sold 550 shares in open-market transactions at $256.00 per share, generating proceeds of $140,800. The filing also shows two derivative-related dispositions at $0.00 (150 and 100 shares) reported the same day.

Key Details

• Transaction date: 2026-07-06 (filed 2026-07-07 — timely)
• Exercises (code M, acquired): 150 shares @ $119.54 ($17,931) and 100 shares @ $119.54 ($11,954) — total cost ≈ $29,885
• Open-market sales (code S, disposed): 200, 100, 150, and 100 share lots at $256.00 each — total sold = 550 shares; proceeds = $140,800
• Two derivative dispositions reported at $0.00 (150 & 100 shares) — $0 proceeds
• Shares owned after transaction: Not specified in the filing
• Footnotes: F1 — 10b5-1 trading plan adopted 03-06-2026; F2 — multiple lots combined; F3 — grants have graded vesting schedules

Context

• The filing shows option exercises followed by open-market sales. Exercising options at $119.54 then selling at $256.00 effectively realizes the spread; this pattern can reflect routine exercise/sell activity or a 10b5-1 plan (not a direct endorsement of the stock). The 10b5-1 plan noted in the filing (F1) indicates at least some trades may have been preplanned. Derivative-line entries at $0.00 likely reflect conversion/settlement mechanics — see footnote F3 for graded vesting.