Form 4: Holley Inc. CFO Jesse Weaver Reports Stock Transactions
SEC Form 4
Chief Financial Officer Jesse Weaver reports the acquisition and disposal of Holley Inc. common stock related to vesting of restricted stock units and tax withholding.
Summary
- On March 8, 2025, Jesse Weaver, CFO of Holley Inc., reported transactions involving the company's common stock.
- 32,435 shares were disposed of to cover tax withholding requirements upon the vesting of 80,177 restricted shares.
- The shares were sold at a price of $2.43.
- Additionally, 21,519 shares were acquired as a result of the satisfaction of performance criteria for performance-based restricted stock units granted on March 8, 2024.
- These shares were also valued at $2.43.
- Following these transactions, Weaver directly owns 271,201 shares of Holley Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to executive compensation and tax obligations. There is no indication of significant positive or negative news.
Positives
- The acquisition of 21,519 shares indicates that performance criteria for the restricted stock units were met, which could be viewed positively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to executive compensation and tax obligations.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a relatively small number of shares compared to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of grant for performance-based restricted stock units. |
| 03/08/2025 | Date of stock transactions (disposal for tax withholding and acquisition due to performance criteria satisfaction). |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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