Generac exec uses 3,932 shares to cover exercise costs
Generac executive Norman P. Taffe had 3,932 shares withheld for option exercise price or tax obligations, with 11,576 shares remaining directly owned.
Rhea-AI Filing Summary
GENERAC HOLDINGS INC. (GNRC) reported an insider transaction by Norman P. Taffe, President Generac Home. On September 1, 2026, 3,932 shares of common stock were delivered or withheld at $181.22 per share for payment of exercise price or tax liability, leaving Taffe with 11,576 shares held directly.
Positive
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Negative
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Insights
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Insider Trade Summary
Exercise Price or Tax Liability: 3,932 shares
Exercise Price or Tax Liability
1 txn
Insider
Taffe Norman P
Role
President Generac Home
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,932 | $181.22 | $713K |
Holdings After Transaction:
Common Stock — 11,576 shares (Direct)
Key Figures
Shares delivered/withheld: 3,932 shares
Reference price per share: $181.22 per share
Shares owned after transaction: 11,576 shares
+1 more
4 metrics
Shares delivered/withheld
3,932 shares
Common stock used for payment of exercise price or tax liability on September 1, 2026
Reference price per share
$181.22 per share
Price reported for the 3,932-share exercise-price-or-tax-liability transaction
Shares owned after transaction
11,576 shares
Direct ownership of GNRC common stock by Norman P. Taffe following the transaction
Exercise-price-or-tax-liability shares
3,932 shares
Total shares in code F transaction as summarized in the filing
Key Terms
Payment of exercise price or tax liability, Rule 10b5-1, beneficial ownership
3 terms
Payment of exercise price or tax liability financial
"coded as payment of exercise price or tax liability by delivering or withholding securities"
Rule 10b5-1 regulatory
"the filing’s Rule 10b5-1 checkbox is not affirmed for this Form 4"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficial ownership financial
"following the transaction, the filing reports 11,576 shares as directly owned, indicating beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did GNRC report for Norman P. Taffe?
GNRC reported that Norman P. Taffe had 3,932 shares of common stock delivered or withheld on September 1, 2026 to pay the exercise price or tax liability related to equity compensation, rather than as an open-market sale or purchase.
Was Norman P. Taffe’s GNRC transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not affirmed for this Form 4, and there is no footnote stating that the September 1, 2026 transaction was made pursuant to a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.