Holley director granted 32,710 stock units
Holley Inc. director James D. Coady received a grant of 32,710 restricted stock units of Common Stock as equity compensation.
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Form Type
4
Rhea-AI Filing Summary
Holley Inc. director James D. Coady received a grant of 32,710 restricted stock units of Common Stock as equity compensation. Each unit converts into one share upon vesting on May 1, 2027, if he remains in continuous service. After this grant, he holds 110,041 shares directly. Additional shares are held indirectly through Holley Parent Holdings, LLC, where he may be deemed a beneficial owner to the extent of his pecuniary interest.
Insider Trade Summary
Grant/Award: 32,710 shares
Grant/Award
2 txns
Insider
Coady James D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,710 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 110,041 shares (Direct);
Common Stock — 24,654,834 shares (Indirect, See footnote)
Footnotes (2)
- F1. Represents a grant of restricted stock units pursuant to the Issuer's 2021 Omnibus Incentive Plan, as amended. Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock. These restricted stock units will vest on May 1, 2027, subject to the reporting person's continuous service through such date.
- F2. These securities are held by Holley Parent Holdings, LLC. The reporting person may be deemed to beneficially own shares held directly by Holley Parent Holdings, LLC by virtue of his relationship with Holley Parent Holdings, LLC. The reporting person disclaims beneficial ownership of the shares held by Holley Parent Holdings, LLC other than to the extent of his pecuniary interest therein.
Key Figures
RSU grant size: 32,710 units
Vesting date: May 1, 2027
Direct shares after grant: 110,041 shares
+1 more
4 metrics
RSU grant size
32,710 units
Restricted stock units of Common Stock granted to director
Vesting date
May 1, 2027
RSUs vest if continuous service is maintained
Direct shares after grant
110,041 shares
Common Stock directly held by James D. Coady
Indirect holdings via LLC
24,654,834 shares
Common Stock held by Holley Parent Holdings, LLC
Key Terms
restricted stock units, 2021 Omnibus Incentive Plan, beneficially own, pecuniary interest, +1 more
5 terms
restricted stock units financial
"Represents a grant of restricted stock units pursuant to the Issuer's 2021 Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2021 Omnibus Incentive Plan financial
"Represents a grant of restricted stock units pursuant to the Issuer's 2021 Omnibus Incentive Plan, as amended"
beneficially own financial
"The reporting person may be deemed to beneficially own shares held directly by Holley Parent Holdings, LLC"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"The reporting person disclaims beneficial ownership of the shares held by Holley Parent Holdings, LLC other than to the extent of his pecuniary interest therein"
continuous service financial
"These restricted stock units will vest on May 1, 2027, subject to the reporting person's continuous service through such date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Holley Inc. (HLLY) disclose in this Form 4 for James D. Coady?
Holley Inc. reported that director James D. Coady received 32,710 restricted stock units as equity compensation. These units convert into Common Stock upon vesting, increasing his direct holdings to 110,041 shares, with additional indirect holdings via Holley Parent Holdings, LLC.
When do James D. Coady’s Holley (HLLY) restricted stock units vest?
The restricted stock units granted to James D. Coady vest on May 1, 2027. Vesting requires his continuous service with Holley Inc. through that date, after which each unit will convert into one share of the company’s Common Stock.
Are James D. Coady’s Holley (HLLY) restricted stock units an open-market purchase or sale?
The 32,710 restricted stock units reported for James D. Coady are an equity grant, not an open-market trade. They were issued under Holley Inc.’s 2021 Omnibus Incentive Plan as compensation and will convert into shares only if the vesting conditions are met.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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