GNRC - Insider Move: Aaron Jagdfeld Exercises Options Realizing $2.66M At Generac Hldgs | Benzinga
Disclosed in a recent SEC filing on February 21, Jagdfeld, Chief Executive Officer at Generac Hldgs (NYSE:GNRC), made a noteworthy transaction involving the exercise of company stock options.
What Happened: A notable Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission revealed that Jagdfeld, Chief Executive Officer at Generac Hldgs, exercised stock options for 47,156 shares of GNRC, resulting in a transaction value of $2,659,126.
Generac Hldgs shares are trading, exhibiting up of 0.35% and priced at $114.02 during Thursday's morning. This values Jagdfeld's 47,156 shares at $2,659,126.
All You Need to Know About Generac Hldgs
Generac Power Systems designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.
A Deep Dive into Generac Hldgs's Financials
Revenue Growth: Generac Hldgs's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -0.65%. This indicates a decrease in the company's top-line earnings. When compared ...