Form 4: Holley Inc. EVP & General Counsel Carly Kennedy Reports Changes in Beneficial Ownership

Carly Kennedy, EVP & General Counsel of Holley Inc., reports the acquisition of 97,233 shares of common stock at $2.53 per share and disposal of 304,420 shares on March 21, 2025, along with a grant of restricted stock units.

Summary

• On March 21, 2025, Carly Kennedy, the EVP & General Counsel of Holley Inc., reported changes in beneficial ownership.
• Kennedy acquired 97,233 shares of common stock at a price of $2.53 per share.
• Kennedy also disposed of 304,420 shares.
• Additionally, Kennedy received a grant of restricted stock units under the Issuer's 2021 Omnibus Incentive Plan.
• Each restricted stock unit represents the right to receive one share of Common Stock upon vesting.
• These restricted stock units will vest in equal or nearly equal installments on March 21 of 2026, 2027, and 2028, contingent upon continuous employment through those dates.

Sentiment

Score: 5

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

Positives

• The grant of restricted stock units to the EVP & General Counsel aligns her interests with the long-term performance of the company.

Future Outlook

The restricted stock units will vest over a three-year period (2026-2028), contingent on continuous employment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

• Shareholders can use this information to assess the alignment of management's interests with their own.

Key Dates

Keywords

Holley Inc., Carly Kennedy, beneficial ownership, Form 4, restricted stock units, common stock, insider trading