Generac 8-K, filed Sep 16, 2026

Summary

Generac Holdings Inc. and Amazon.com, Inc. entered a Transaction Agreement under which Generac issued a warrant to Amazon subsidiary Amazon.com NV Investment Holdings LLC for up to 1,693,745 shares at $200.9266 per share, with vesting tied to Amazon's payments for backup power generators for its data centers. The companies also executed a long-term supply agreement, with initial generator deliveries expected to total $2.4 billion in 2027 and 2028, and the warrant exercisable through September 16, 2033.

Key points

• 307,954 warrant shares vested immediately, with the remainder vesting in tranches contingent on aggregate payments, net of certain offsets, received by Generac and its global affiliates from Amazon and its affiliates for backup power generators for Amazon data centers, up to a total of $8 billion.
• The warrant may be exercised in whole or in part by cash or cashless exercise at Holdings' election on or before September 16, 2033, and the exercise price and share count are subject to anti-dilution adjustments.
• Generac granted registration rights for the warrant shares, which were issued in reliance on the Section 4(a)(2) registration exemption.
• The warrant is filed as Exhibit 4.1 and the Transaction Agreement as Exhibit 10.1, with certain portions redacted under Regulation S-K Item 601(b)(10)(iv).

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.