Form 4: Holley Inc. Executive Carly Kennedy Reports Stock Transaction
SEC Form 4 Filing
EVP & General Counsel of Holley Inc., Carly Kennedy, reports the disposal of 8,676 common stock shares to cover tax withholding upon vesting of restricted shares on March 4, 2025.
Summary
- Carly Kennedy, EVP & General Counsel of Holley Inc., filed a Form 4 on March 6, 2025, reporting a transaction involving Holley Inc. common stock.
- On March 4, 2025, 8,676 shares of common stock were disposed of at a price of $2.55 per share.
- This disposal was due to the automatic withholding of shares to cover required tax obligations upon the vesting of 19,431 restricted shares.
- Following the transaction, Kennedy directly owns 208,857 shares of Holley Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of the stock transaction and vesting of restricted shares. |
| 03/06/2025 | Date of Form 4 filing. |
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