---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-006220"
form_type: "8-K"
ticker: "GNRC"
cik: "0001474735"
company_name: "GENERAC HOLDINGS INC."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:24:19.977604+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Generac adopts proxy access bylaw allowing 3% holder groups to nominate directors

## Summary
- Stockholders owning 3%+ for >=3 years can nominate up to 20% of board or 2 directors via company proxy.
- Bylaws updated to comply with SEC universal proxy card rules; certain nominations void if holder fails to comply.
- Board reserves white proxy card for its exclusive use; other solicitors must use different color.
- Legacy provision removed; other conforming changes and clarifications included.

## SEC filing metadata
- accession: 0001437749-23-006220
- form_type: 8-K
- ticker: GNRC
- cik: 0001474735
- company_name: GENERAC HOLDINGS INC.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474735/000143774923006220/0001437749-23-006220-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474735/000143774923006220/gnrc20230310_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-006220
- JSON: https://secwatch.observer/filing/0001437749-23-006220.json
- Plain text: https://secwatch.observer/filing/0001437749-23-006220.txt

## Key facts
- Governance Changes
  GENERAC HOLDINGS INC.: Amended and restated bylaws to add proxy access for eligible stockholders and update universal proxy card rules (effective 2023-03-09).
  - Change: bylaw amendment
  - Effective: 2023-03-09
  source text: On March 9, 2023, the Board of Directors of Generac Holdings Inc. (the “Company”), upon recommendation of the Nominating and Corporate Governance Committee, adopted an amendment and restatement of the Company’s Amended and Restated Bylaws (as further amended and restated, the “Restated Bylaws”) to, among other things, provide “proxy access” for eligible stockholders and make changes in connection with the new Securities and Exchange Commission rules regarding universal proxy cards.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474735/000143774923006220/0001437749-23-006220-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.