Form 4: Holley Inc. Executive Chairman Matthew Rubel Acquires Additional Shares

Matthew Rubel, Executive Chairman of Holley Inc., recently purchased 14,493 shares of common stock at an average price of $3.39 per share.

Summary

• On June 12, 2024, Matthew Rubel, the Executive Chairman of Holley Inc., acquired 14,493 shares of the company's common stock.
• The shares were purchased at a weighted average price of $3.39, with individual transactions ranging from $3.38 to $3.39.
• Following this transaction, Mr. Rubel directly owns 169,979 shares.
• Mr. Rubel also has indirect ownership through several trusts, including the Rubel Family Management Trust and family annual exclusion trusts for his children.
• The Rubel Family Management Trust holds 493,632 shares.
• Each of the Matthew Rubel Family Annual Exclusion Trusts FBO Joshua Rubel, Jeffrey Rubel and Michael Rubel holds 134,831 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The purchase of shares by an executive is generally seen as a positive sign, but the document itself is simply a regulatory filing.

Positives

• The purchase of shares by the Executive Chairman could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

Executive share purchases are common and closely watched as indicators of management's sentiment about the company's prospects. An insider purchase can boost investor confidence.

Stakeholder Impact

• The stock purchase could have a slightly positive impact on shareholder sentiment.

Key Dates