Form 4: Holley Inc. CFO Jesse Weaver Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of Holley Inc., Jesse Weaver, reports the disposal of shares to cover tax withholding obligations upon vesting of restricted stock.
Summary
- On March 4, 2025, Jesse Weaver, the Chief Financial Officer of Holley Inc., disposed of 11,507 shares of common stock to cover tax withholding requirements.
- The shares were withheld automatically upon the vesting of 25,770 restricted shares.
- The transaction was executed at a price of $2.55 per share.
- Following the transaction, Weaver directly owns 282,114 shares of Holley Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of transaction: disposal of shares for tax withholding and vesting of restricted shares. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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