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Generac (GNRC) EVP granted options and stock, disposes shares for tax

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GENERAC HOLDINGS INC. executive Rajendra Kumar, EVP, General Counsel and Corporate Secretary, reported equity compensation grants and related tax-withholding share dispositions. On March 1, 2026, he was granted 2,020 stock options at an exercise price of $0.00, which, subject to continued service, vest in equal installments on each of the first four anniversaries of the grant date. He also acquired 1,096 and 1,382 shares of common stock at $0.00, described as restricted shares that vest in three equal annual installments, contingent on continued service. To satisfy tax obligations, he disposed of 670, 325, 259, and 289 common shares at $228.14 per share through tax-withholding transactions, and directly held 12,851 common shares after these entries.

Positive

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Insider Kanuru Rajendra Kumar
Role EVP, GC, Corp. Secretary
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) 2,020 $0.00 --
Grant/Award Common Stock 1,096 $0.00 --
Grant/Award Common Stock 1,382 $0.00 --
Tax Withholding Common Stock 670 $228.14 $153K
Tax Withholding Common Stock 325 $228.14 $74K
Tax Withholding Common Stock 259 $228.14 $59K
Tax Withholding Common Stock 289 $228.14 $66K
Holdings After Transaction: Stock Option (Right to Buy) — 2,020 shares (Direct); Common Stock — 13,012 shares (Direct)
Footnotes (1)
  1. Subject to continued service through the vesting date, the Restricted Shares shall all vest in equal installments on each of the first three (3) anniversaries of the Date of Grant. Subject to continued service through the vesting date, the Options shall all vest in equal installments on each of the first four (4) anniversaries of the Date of Grant.
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
Estimated average burden
hours per response: 0.5
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*
Kanuru Rajendra Kumar

(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)
EVP, GC, Corp. Secretary
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 A 1,096(1) A $0 13,012 D
Common Stock 03/01/2026 A 1,382 A $0 14,394 D
Common Stock 03/01/2026 F 670 D $228.14 13,724 D
Common Stock 03/01/2026 F 325 D $228.14 13,399 D
Common Stock 03/01/2026 F 259 D $228.14 13,140 D
Common Stock 03/01/2026 F 289 D $228.14 12,851 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) $228.14 03/01/2026 A 2,020 (2) 03/01/2036 Common Stock 2,020 $0 2,020 D
Explanation of Responses:
1. Subject to continued service through the vesting date, the Restricted Shares shall all vest in equal installments on each of the first three (3) anniversaries of the Date of Grant.
2. Subject to continued service through the vesting date, the Options shall all vest in equal installments on each of the first four (4) anniversaries of the Date of Grant.
/s/ Raj Kanuru 03/03/2026
** 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 GNRC executive Rajendra Kumar report?

Rajendra Kumar reported equity compensation grants and related tax-withholding dispositions. He received 2,020 stock options and two restricted stock grants of 1,096 and 1,382 shares, and had several tax-withholding share dispositions at $228.14 per share tied to those awards.

How many Generac (GNRC) stock options were granted to Rajendra Kumar?

He was granted 2,020 stock options with a reported exercise price of $0.00 per share. These options vest in four equal annual installments starting from the grant date, subject to continued service with Generac Holdings Inc. through each relevant vesting date.

What restricted stock awards did GNRC grant to Rajendra Kumar on March 1, 2026?

He acquired two restricted stock grants of 1,096 and 1,382 GNRC common shares at $0.00 per share. These restricted shares vest in three equal annual installments, provided he continues to serve the company through each respective vesting date.

Why did Rajendra Kumar dispose of GNRC shares in these Form 4 transactions?

The reported share disposals were coded as tax-withholding transactions. Shares totaling 670, 325, 259, and 289 were disposed at $228.14 per share to cover exercise price or tax liabilities associated with the equity awards, rather than open-market selling.

How many GNRC common shares did Rajendra Kumar hold after these transactions?

After the reported grant and tax-withholding transactions, Rajendra Kumar directly held 12,851 shares of Generac common stock. This figure reflects his direct ownership following the final tax-withholding disposition recorded in the Form 4 data on March 1, 2026.

What are the vesting conditions for Rajendra Kumar’s GNRC equity awards?

The restricted shares vest in three equal annual installments, subject to continued service through each vesting date. The stock options vest in four equal annual installments on the first four anniversaries of the grant date, also conditioned on continued service with Generac.