Form 4: Holley Inc. Director Ginger M. Jones Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Ginger M. Jones reports acquisition of restricted stock units and disposal of common stock in Holley Inc.
Summary
- On June 10, 2024, Ginger M. Jones, a director of Holley Inc., reported changes in beneficial ownership.
- Jones acquired 29,166 shares of common stock at $0 and disposed of 100,465 shares of common stock.
- These restricted stock units will vest on June 10, 2025, subject to continuous service.
- Following the reported transactions, Jones beneficially owns 100,465 shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction related to executive compensation. There are no explicit positive or negative implications.
Positives
- The grant of restricted stock units aligns the director's interests with the long-term performance of the company.
Future Outlook
The restricted stock units will vest on June 10, 2025, subject to the reporting person's continuous service through such date.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The grant of restricted stock units aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of transaction: acquisition of restricted stock units and disposal of common stock. |
| 06/10/2025 | Vesting date for the restricted stock units, contingent upon continuous service. |
| 06/11/2024 | Date of signature by Attorney-In-Fact for Ginger M. Jones. |
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