Generac (NYSE: GNRC) CFO exercises options, sells 24,362 shares

Rhea-AI Filing Summary

Generac Holdings Inc. Chief Financial Officer York A. Ragen exercised stock options for 24,362 shares on February 25, 2026, converting them into common stock at an exercise price of $40.12 per share.

On the same day, he sold 24,362 shares of Generac common stock in multiple open-market transactions at weighted average prices ranging from $230.87 to $237.83 per share. After these transactions, he directly owned 137,182 shares of Generac common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ragen York A.

(Last) (First) (Middle)

S45 W29290 HWY.59

C/O GENERAC HOLDINGS INC.

(Street)

WAUKESHA WI 53189

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GENERAC HOLDINGS INC. [ GNRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/25/2026		M		24,362	A	$40.12	161,543	D
Common Stock	02/25/2026		S		1,679	D	$231.204(1)	159,864	D
Common Stock	02/25/2026		S		866	D	$232.4232(2)	158,998	D
Common Stock	02/25/2026		S		1,500	D	$233.3454(3)	157,498	D
Common Stock	02/25/2026		S		924	D	$234.5197(4)	156,574	D
Common Stock	02/25/2026		S		6,167	D	$235.7903(5)	150,407	D
Common Stock	02/25/2026		S		12,324	D	$236.5706(6)	138,083	D
Common Stock	02/25/2026		S		902	D	$237.2826(7)	137,182(8)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$40.12	02/25/2026		M			24,362	(9)	03/01/2027	Common Stock	24,362	$0	0	D

Explanation of Responses:

1. Reflects the weighted average price of 1,679 shares of common stock of Generac Holdings Inc. sold by the reporting person in multiple transactions on February 25, 2026 with sale prices ranging from $230.87 to $231.82 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

2. Reflects the weighted average price of 866 shares of common stock of Generac Holdings Inc. sold by the reporting person in multiple transactions on February 25, 2026 with sale prices ranging from $231.97 to $232.91 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

3. Reflects the weighted average price of 1,500 shares of common stock of Generac Holdings Inc. sold by the reporting person in multiple transactions on February 25, 2026 with sale prices ranging from $233.00 to $233.69 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

4. Reflects the weighted average price of 924 shares of common stock of Generac Holdings Inc. sold by the reporting person in multiple transactions on February 25, 2026 with sale prices ranging from $234.19 to $235.17 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

5. Reflects the weighted average price of 6,167 shares of common stock of Generac Holdings Inc. sold by the reporting person in multiple transactions on February 25, 2026 with sale prices ranging from $235.19 to $236.18 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

6. Reflects the weighted average price of 12,324 shares of common stock of Generac Holdings Inc. sold by the reporting person in multiple transactions on February 25, 2026 with sale prices ranging from $236.19 to $237.15 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

7. Reflects the weighted average price of 902 shares of common stock of Generac Holdings Inc. sold by the reporting person in multiple transactions on February 25, 2026 with sale prices ranging from $237.19 to $237.83 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

8. This total reflects an additional 1 share inadvertently omitted from the reporting person's total reported on the Form 4 filed on March 5, 2024.

9. Fully vested.

	/s/ Raj Kanuru, Attorney in Fact	02/27/2026
	** Signature of Reporting Person	Date
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FAQ

What did Generac (GNRC) CFO York Ragen report in this Form 4?

Generac CFO York A. Ragen reported exercising stock options for 24,362 shares and selling 24,362 common shares in open-market transactions. All activity occurred on February 25, 2026, and involved directly held Generac Holdings Inc. stock.

How many Generac (GNRC) shares did the CFO sell on February 25, 2026?

York A. Ragen sold 24,362 shares of Generac common stock in several open-market trades. The sales were broken into multiple transactions, each reported with weighted average prices and detailed price ranges in the accompanying footnotes.

At what prices were the Generac (GNRC) CFO’s shares sold?

The CFO’s Generac share sales occurred in multiple trades with weighted average prices between $230.87 and $237.83 per share. Footnotes note narrower price ranges for each transaction and state full trade details are available upon request.

How many Generac (GNRC) shares does the CFO own after these transactions?

After exercising options and selling shares, York A. Ragen directly owned 137,182 shares of Generac common stock. This figure reflects an additional one share that had been inadvertently omitted from a prior Form 4 and is now included.

What type of derivative transaction did the Generac (GNRC) CFO execute?

The CFO exercised a stock option, a derivative giving the right to buy Generac shares. He converted 24,362 options into common stock at an exercise price of $40.12 per share, which then became part of his directly held holdings.

Were the Generac (GNRC) CFO’s February 25, 2026 sales open-market transactions?

Yes. The Form 4 classifies each sale by York A. Ragen as an open-market or private transaction, coded “S.” Footnotes explain they were executed in multiple trades and provide weighted average sale prices for each reported transaction.