Holley Inc. SEC Filings

Holley Inc. Chief Financial Officer Jesse Weaver reported a Form 4 transaction involving common stock. On August 12, 2026, 32,457 shares were automatically withheld at $3.17 per share to cover tax obligations upon the vesting of 82,482 restricted shares. Following this tax-withholding disposition, Weaver directly holds 661,695 shares of Holley Inc. common stock.

Holley Inc. reported second-quarter 2026 results showing modest growth in its core operations but a GAAP loss tied to portfolio actions. Net sales rose 3.2% to $172.0 million, with core business net sales up 4.9% after excluding divestitures and portfolio rebalancing. The company recorded a net loss of $2.4 million, or $(0.02) per diluted share, versus net income of $10.9 million a year earlier, primarily due to a $28.3 million loss on the sale of non-core assets related to its portfolio rebalancing initiative.

On a non-GAAP basis, Adjusted Net Income increased to $24.0 million from $10.6 million, while Adjusted EBITDA was $33.8 million compared with $36.4 million, for an Adjusted EBITDA margin of 19.6%. Free cash flow strengthened to $40.9 million, supported by net cash from operating activities of $47.1 million and higher cash on the balance sheet. Holley has reduced debt by $115.0 million through voluntary prepayments since September 2023, contributing to a Credit Agreement total leverage ratio of 3.74x, described as its lowest level in four years. Management reiterated full-year 2026 guidance, including net sales of $610–$640 million, core business growth of approximately 2% to 7%, and Adjusted EBITDA of $127–$137 million, and highlighted ongoing portfolio rebalancing, including the sale of non-core Restoration brands.

Boston Partners reports beneficial ownership of Holley Inc. common stock on a Schedule 13G/A. As of June 30, 2026, Boston Partners is deemed to beneficially own 6,981,474 shares of Holley Inc. common stock, representing 5.8% of the class.

Boston Partners has sole voting power and sole dispositive power over all 6,981,474 shares, with no shared voting or dispositive power. The shares are held in discretionary accounts for certain clients, and Boston Partners may be deemed a beneficial owner under Rule 13d-3. To its knowledge, no person has rights to dividends or sale proceeds relating to more than 5% of this class.

Holley Inc. is removing its Redeemable Warrants from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. Each whole warrant is exercisable for one share of common stock at an exercise price of $11.50. The exchange and the company state they have complied with the applicable 17 CFR 240.12d2-2 listing and withdrawal rules.

Holley Performance Brands reported that it made a voluntary $15 million prepayment on its first lien term loan facility, continuing its balance sheet deleveraging. The payment was funded entirely from free cash flow and further reduces outstanding borrowings under the company’s debt facilities.

Including this transaction, Holley has repaid $115 million of debt since September 2023, which is expected to generate more than $4.5 million in annualized interest savings. Management highlighted a strategy to lower net leverage from a peak of 5.67x to a targeted level below 3.5x by year-end, within a broader capital allocation framework that prioritizes reducing leverage, selective M&A, and opportunistic returns of capital to shareholders.

Holley Inc. President and CEO Matthew Stevenson reported an automatic share withholding related to a stock award vesting. On June 6, 2026, 97,675 shares of common stock were withheld at a fair market value of $2.57 per share to cover required tax withholding upon the vesting of 250,000 restricted shares. After this tax-withholding disposition, Stevenson directly owned 3,181,124 shares of Holley common stock, indicating the event reflects compensation-related taxes rather than an open-market sale.

Holley Inc. executive Sarah E. Apple, SVP & General Counsel, has reported ownership of 33,338 shares of Common Stock. The filing also notes a grant of restricted stock units under Holley’s 2021 Omnibus Incentive Plan, each unit converting into one share of Common Stock upon vesting. These restricted stock units are scheduled to vest in equal, or nearly equal, installments on May 1 of each of 2027, 2028, and 2029, conditioned on her continued employment.

Holley Inc. announced that its Board of Directors has approved a share repurchase program authorizing the company to buy back up to $25 million of its outstanding common stock. Repurchases may occur over time in open-market or privately negotiated transactions in accordance with applicable securities laws.

The program has no time limit, does not require a minimum number of shares to be repurchased, and may be modified, suspended, or discontinued at any time. Management frames the buyback as the third pillar of its capital allocation strategy alongside opportunistic debt reduction and accretive acquisitions, while reiterating a commitment to reach year-end net leverage below 3.5x.