Generac (GNRC) President Norman Taffe Exercises Options, Sells 150 Shares

What Happened

• Norman P. Taffe, President — Generac Home, exercised stock options to acquire 150 shares at an exercise price of $119.54 per share (cost $17,931) and sold 150 shares in an open-market transaction at $229.50 per share for total proceeds of $34,425. The filing also records the conversion/disposition of the derivative instrument tied to those options (reported as a $0.00 disposition), which reflects the options being exercised/converted into common stock.

Key Details

• Transaction date: 2026-09-17; Form 4 filed: 2026-09-18 (timely).
• Exercise (code M): 150 shares acquired at $119.54 each — total cost $17,931.
• Sale (code S): 150 shares sold on the open market at $229.50 each — total proceeds $34,425.
• Derivative disposition: 150 shares reported as disposed at $0.00 (represents conversion/exercise of the derivative instrument).
• Footnotes: F1 — a 10b5-1 trading plan was adopted on 03-06-2026; F2 — the grant underlying the options has a graded vesting schedule (dates exercisable vary by tranche).
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This sequence (exercise of options followed by an open-market sale of the same shares) is commonly how executives realize gains from vested options; the separate $0.00 derivative line typically documents conversion of the option into stock. The sale was executed pursuant to standard reporting; the presence of a 10b5-1 plan indicates the sale may have been pre-arranged. This summary is factual and does not infer motive.