Form 4: Holley Inc. Director James D. Coady Reports Stock Grant and Disposal

Director James D. Coady reports acquisition of restricted stock units and disposal of common stock in Holley Inc.

Summary

• On May 13, 2025, James D. Coady, a director of Holley Inc., reported a transaction involving the company's stock.
• Coady acquired 48,165 shares of common stock at $0, representing a grant of restricted stock units under the company's 2021 Omnibus Incentive Plan.
• These restricted stock units vest on May 13, 2026, contingent upon continuous service.
• Additionally, Coady disposed of 77,331 shares of common stock.
• Following these transactions, Coady directly owns no shares and indirectly owns 49,173,884 shares through Holley Parent Holdings, LLC.
• Coady disclaims beneficial ownership of shares held by Holley Parent Holdings, LLC except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The grant of restricted stock units aligns the director's interests with the long-term performance of the company.

Negatives

• The disposal of 77,331 shares by a director could be perceived negatively by investors, although the reason for disposal is not specified.

Risks

• The vesting of the restricted stock units is contingent upon continuous service, creating a potential risk if the director leaves the company before the vesting date.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• Shareholders may be interested in the director's stock transactions as an indicator of management's view of the company's value.

Key Dates

Keywords

Holley Inc., James D. Coady, Director, Stock, Restricted Stock Units, Beneficial Ownership, Form 4, HLLY