Form 4: Holley Inc. Director James D. Coady Reports Changes in Beneficial Ownership
SEC Form 4
Director James D. Coady reports a transaction involving Holley Inc. common stock, including a transfer of shares to Sentinel Capital Partners, L.L.C.
Summary
- On May 13, 2024, James D. Coady, a director of Holley Inc., reported a transaction involving the company's common stock.
- 34,979 shares were disposed of at $0 price.
- These shares were transferred to Sentinel Capital Partners, L.L.C. pursuant to a side letter related to the vesting of restricted stock units on May 9, 2024.
- Coady also indirectly owns 49,173,884 shares through Holley Parent Holdings, LLC, but disclaims beneficial ownership except to the extent of his pecuniary interest.
- The report was filed on May 15, 2024.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting a transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Restricted stock units vested pursuant to the Issuer's 2021 Omnibus Incentive Plan |
| 05/13/2024 | Date of transaction: transfer of common stock |
| 05/15/2024 | Date of Form 4 filing |
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