Generac (GNRC) director Dixon receives 699-share equity award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dixon Robert D reported acquisition or exercise transactions in this Form 4 filing.
GENERAC HOLDINGS INC. director Robert D. Dixon reported a compensation-related stock award rather than an open-market trade. He received a grant of 699 shares of Common Stock at $257.83 per share, increasing his directly held stake to 12,602 shares.
The filing also lists 8,895 shares of Common Stock held indirectly in a SLAT for the benefit of his spouse and children. His spouse serves as trustee, and Dixon disclaims beneficial ownership of the SLAT shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dixon Robert D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 699 | $257.83 | $180K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,602 shares (Direct, null);
Common Stock — 8,895 shares (Indirect, By SLAT)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 699 shares
Grant price: $257.83 per share
Direct holdings after grant: 12,602 shares
+1 more
4 metrics
Stock grant size
699 shares
Award of Common Stock coded as grant/award acquisition
Grant price
$257.83 per share
Price for 699-share Common Stock award
Direct holdings after grant
12,602 shares
Common Stock directly owned following the award
SLAT-held shares
8,895 shares
Common Stock held in SLAT; beneficial ownership disclaimed
Key Terms
SLAT, Grant, award, or other acquisition, indirect, disclaims beneficial ownership
4 terms
SLAT financial
"These shares are held in a SLAT for the benefit of the reporting person's spouse and children."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
indirect financial
"ownership_type": "indirect"
disclaims beneficial ownership financial
"The reporting person disclaims beneficial ownership of the shares in the SLAT."
FAQ
What insider transaction did Generac (GNRC) director Robert D. Dixon report?
Robert D. Dixon reported receiving a grant of 699 shares of Generac Common Stock as compensation. The award was priced at $257.83 per share and increased his directly held position to 12,602 shares, reflecting a routine equity grant instead of an open-market purchase.
Was the Generac (GNRC) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant or award acquisition, not an open-market purchase. Dixon received 699 Common Stock shares coded “A,” indicating a compensation-related grant at $257.83 per share, which raised his directly owned holdings to 12,602 shares after the transaction.
What is the SLAT mentioned in the Generac (GNRC) Form 4 footnote?
The SLAT is a trust holding 8,895 Generac shares for the benefit of Dixon’s spouse and children. His spouse serves as trustee. The footnote states that Dixon disclaims beneficial ownership of these SLAT shares, meaning they are treated as indirectly held and attributed to the trust’s beneficiaries.