Form 4: Jagdfeld Aaron reports multiple insider transactions in GNRC

Rhea-AI Filing Summary

Jagdfeld Aaron reported multiple insider transaction types in a Form 4 filing for GNRC. The filing lists transactions totaling 277,356 shares at a weighted average price of $100.55 per share. Following the reported transactions, holdings were 637,018 shares.

Insights

Equity compensation and insider-transactions analyst

CEO exercised options and used shares to cover taxes and costs.

Aaron Jagdfeld, Generac's CEO and a director, exercised 109,052 stock options at an exercise price of $33.23 per share, converting them into the same number of common shares. The option grant was disclosed as fully vested.

A second transaction coded "F" shows 59,252 common shares disposed at $224.45 per share to pay the option exercise price or related tax liabilities, which is characterized as a tax-withholding disposition, not an open-market sale. These movements are typical for equity compensation events.

Following the transactions on 02/13/2026, Jagdfeld directly held 577,766 shares of Generac common stock. This filing documents the mechanics of an option exercise and associated tax settlement; its impact depends on how investors view executive share ownership levels over time.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

Jagdfeld Aaron

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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	02/13/2026		M		109,052	A	$33.23	637,018	D
Common Stock	02/13/2026		F		59,252	D	$224.45	577,766	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)	$33.23	02/13/2026		M			109,052	(1)	02/18/2026	Common Stock	109,052	$0	0	D

Explanation of Responses:

1. Fully vested.

	/s/ Raj Kanuru, Attorney in Fact	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Generac (GNRC) CEO Aaron Jagdfeld report?

Aaron Jagdfeld reported exercising 109,052 stock options at $33.23 per share and receiving the same number of common shares. A related transaction disposed of 59,252 shares at $224.45 to cover the option exercise price or associated tax obligations.

Did the Generac (GNRC) CEO sell shares in the open market?

The filing shows a disposition of 59,252 Generac common shares coded "F" at $224.45 per share. This code indicates shares were used to pay the option exercise price or related tax liability, rather than representing a discretionary open-market share sale.

How many Generac (GNRC) shares does the CEO own after this Form 4?

After the reported transactions on February 13, 2026, Aaron Jagdfeld directly owned 577,766 shares of Generac common stock. This reflects the net result of exercising 109,052 stock options and disposing of 59,252 shares to satisfy exercise price or tax obligations.

What stock options did the Generac (GNRC) CEO exercise?

Aaron Jagdfeld exercised stock options covering 109,052 shares of Generac common stock at an exercise price of $33.23 per share. The options were described as fully vested, and the exercise converted the derivative position into an equivalent number of common shares.

What do the Form 4 transaction codes M and F mean for Generac (GNRC)?

Code M shows an exercise or conversion of a derivative security, here 109,052 stock options into common stock at $33.23. Code F indicates disposition of 59,252 shares at $224.45 to pay the option exercise price or related tax liability, typically not an open-market trade.

Is the Generac (GNRC) CEO considered a 10% owner in this filing?

In this Form 4, Aaron Jagdfeld is reported as a director and officer, serving as Chief Executive Officer, but not as a 10% owner. The checkbox for 10% owner status is not marked, distinguishing his role from that of a large beneficial shareholder.