4Accepted Sep 3, 6:46 PM ET
Generac (GNRC) President Norman Taffe Sells 3,932 Shares
Accepted (ET)
6:46 PM
Sep 3, 2026
Filed
Sep 3, 2026
Documents
1
Size
4.3 KB
Summary
Generac (GNRC) President Norman Taffe Sells 3,932 Shares
What Happened
- Norman P. Taffe, President of Generac Home (a business unit of Generac Holdings, GNRC), had 3,932 shares disposed on Sept 1, 2026 to satisfy tax liabilities related to equity compensation. The reported per-share value was $181.22, for a total value of approximately $712,557.
- This was a tax-withholding disposition (transaction code F), not a discretionary open-market sale by the insider.
Key Details
- Transaction date: 2026-09-01; Report filed with the SEC: 2026-09-03.
- Price reported: $181.22 per share.
- Shares disposed/withheld: 3,932; total value ≈ $712,557.
- Transaction code: F (payment of exercise price or tax liability — shares surrendered/withheld).
- Shares owned after transaction: not specified in this Form 4 filing.
- Filing timeliness: reported within the standard two-business-day window after the transaction.
Context
- This is a routine tax-withholding action commonly used when options vest or restricted stock units settle; shares are withheld/surrendered to cover taxes rather than sold in the open market.
- Such withholding transactions are administrative and do not necessarily indicate the insider’s view of the company’s prospects.