Form 4: Holley Inc. Chairman Matthew Rubel Receives Restricted Stock Units

Matthew Rubel, Chairman of the Board of Holley Inc., reports the acquisition of restricted stock units and adjustments to his beneficial ownership of common stock.

Summary

• On May 13, 2025, Matthew Rubel, Chairman of the Board of Holley Inc., acquired 48,165 shares of common stock in the form of restricted stock units.
• These restricted stock units were granted under the company's 2021 Omnibus Incentive Plan and will vest on May 13, 2026, contingent upon continuous service.
• Rubel also reported adjustments to his indirect beneficial ownership of common stock held through various family trusts.
• Following these transactions, Rubel directly owns 218,144 shares of common stock.
• He also has indirect ownership through the Rubel Family Management Trust (493,632 shares), the Matthew Rubel Family Annual Exclusion Trust FBO Joshua Rubel (134,831 shares), the Matthew Rubel Family Annual Exclusion Trust FBO Jeffrey Rubel (134,831 shares), and the Matthew Rubel Family Annual Exclusion Trust FBO Michael Rubel (134,831 shares).

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The grant of restricted stock units is a positive sign of alignment between management and shareholders, but it's a routine transaction.

Positives

• The grant of restricted stock units aligns Rubel's interests with the long-term performance of Holley Inc.
• The vesting requirement of continuous service encourages Rubel's continued commitment to the company.

Future Outlook

The restricted stock units will vest on May 13, 2026, subject to the reporting person's continuous service through such date.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership structure and compensation practices at Holley Inc.

Comparison to Industry Standards

• Equity compensation in the form of restricted stock units is a common practice among publicly traded companies to incentivize executives.
• Vesting schedules, such as the one-year vesting period for Rubel's restricted stock units, are typical in executive compensation packages.
• Similar filings are made by executives at comparable companies like Dorman Products and Standard Motor Products, reflecting similar compensation and ownership structures.

Stakeholder Impact

• Shareholders may view the grant of restricted stock units as a positive incentive for the Chairman to continue driving company performance.
• The transaction has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Holley Inc., Matthew Rubel, restricted stock units, beneficial ownership, Form 4, insider trading, equity compensation, family trusts