Form 4: Holley Inc. Director Michelle J. Gloeckler Receives Restricted Stock Units

Director Michelle J. Gloeckler was granted 48,165 restricted stock units (RSUs) of Holley Inc. on May 13, 2025, which will vest on May 13, 2026, subject to continued service.

Summary

• Michelle J. Gloeckler, a director of Holley Inc., received 48,165 restricted stock units (RSUs) on May 13, 2025.
• These RSUs were granted under the Issuer's 2021 Omnibus Incentive Plan.
• Each RSU represents the right to receive one share of Holley Inc. Common Stock upon vesting.
• The RSUs will vest on May 13, 2026, contingent upon Ms. Gloeckler's continuous service with the company through that date.
• Following the transaction, Ms. Gloeckler beneficially owns 290,048 shares of Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The grant of RSUs is a standard practice and indicates confidence in the director's continued service. It's a routine transaction, but it does align interests.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.
• The vesting period of one year encourages long-term commitment from the director.

Future Outlook

The director's continued service is incentivized through the vesting of the restricted stock units, potentially contributing to the company's future performance.

Industry Context

Grants of restricted stock units are a common form of executive compensation used to align the interests of company leadership with those of shareholders. This practice is widespread across various industries to incentivize performance and retention.

Comparison to Industry Standards

• Restricted stock units are a standard component of executive compensation packages, often used by companies similar to Holley Inc. to incentivize and retain key personnel.
• The vesting schedule of one year is relatively standard, although some companies may use longer or shorter vesting periods depending on their specific compensation strategies.
• Comparable companies in the automotive aftermarket industry, such as Advance Auto Parts (AAP) and AutoZone (AZO), also utilize equity-based compensation to align executive interests with shareholder value.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term success.
• Employees may see this as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

restricted stock units, director, HLLY, Holley Inc., beneficial ownership, Form 4, equity compensation