Generac (GNRC) President Kyle Raabe Sells Shares, Exercises Options

What Happened Kyle Andrew Raabe, President of Home Power Generation at Generac Holdings (GNRC), completed option exercises and open-market sales on 2026-09-17. He exercised 213 option shares (reported as acquired) at $102.42 each (cost ≈ $21,814), and sold a total of 603 shares in open-market transactions (390 shares and 213 shares) at $229.50 each for combined gross proceeds of ≈ $138,389. The filing also reports the related derivative position for 213 shares being disposed (reported at $0), reflecting the conversion/cancellation of the option instrument.

Key Details

• Transaction date: 2026-09-17; Form 4 filed 2026-09-18 (appears timely).
• Sales: 390 shares @ $229.50 = $89,505; 213 shares @ $229.50 = $48,884. Total sale proceeds ≈ $138,389.
• Exercise: 213 shares acquired via option exercise @ $102.42 = $21,814.
• Derivative disposition: 213 derivative units reported disposed at $0 (reflects option conversion).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes: F1 — sales made pursuant to a 10b5-1 trading plan adopted 05-05-2026; F2 — grants have graded vesting; exercisability dates vary by tranche.

Context The sequence (exercise of options followed by immediate open-market sale of the same shares) is consistent with a cashless exercise or sell-to-cover pattern where exercised shares are sold to realize proceeds and/or cover exercise costs and taxes. The presence of a 10b5-1 plan indicates at least some sales were prearranged, which is common and typically intended to avoid trading based on material nonpublic information. This report is factual and does not imply the insider’s view on company prospects.