Form 4: Holley Inc. CFO Jesse Weaver Reports Acquisition and Disposal of Common Stock

Chief Financial Officer Jesse Weaver of Holley Inc. reports acquiring restricted stock units and disposing of common stock on March 21, 2025.

Summary

• On March 21, 2025, Jesse Weaver, the Chief Financial Officer of Holley Inc., reported a transaction involving the company's stock.
• Weaver acquired 140,810 shares of common stock at a price of $2.53 per share.
• Weaver also disposed of 412,011 shares of common stock.
• Following these transactions, Weaver directly owns 412,011 shares of Holley Inc.
• The report also details a grant of restricted stock units (RSUs) under the company's 2021 Omnibus Incentive Plan.
• Each RSU represents the right to receive one share of common stock upon vesting.
• These RSUs will vest in equal or nearly equal installments on March 21 of 2026, 2027, and 2028, contingent upon continuous employment.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't contain overtly positive or negative information, but the granting of RSUs is generally a positive sign.

Positives

• The grant of restricted stock units to the CFO aligns his interests with the long-term performance of the company.
• The vesting schedule of the RSUs incentivizes continued employment.

Future Outlook

The vesting of restricted stock units over the next three years suggests an expectation of continued employment and contribution from the CFO.

Industry Context

Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors regarding the actions of company executives.

Stakeholder Impact

• The stock transactions and RSU grant may influence investor perception of the company's leadership and future prospects.

Key Dates

Keywords

Holley Inc., Jesse Weaver, CFO, Form 4, Stock Transaction, Restricted Stock Units, HLLY, Beneficial Ownership