Holley (HLLY) director awarded 32,710 restricted stock units vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gloeckler Michelle J. reported acquisition or exercise transactions in this Form 4 filing.
Holley Inc. director Michelle J. Gloeckler received an equity grant in the form of restricted stock units. She was awarded 32,710 restricted stock units, each convertible into one share of common stock upon vesting. These units vest on May 1, 2027, contingent on her continued service, bringing her direct holdings to 322,758 shares after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gloeckler Michelle J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,710 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 322,758 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 32,710 units
Grant price per unit: $0.0000 per unit
Shares after transaction: 322,758 shares
+1 more
4 metrics
RSU grant size
32,710 units
Restricted stock units granted on May 8, 2026
Grant price per unit
$0.0000 per unit
Compensation grant, not open-market purchase
Shares after transaction
322,758 shares
Total direct holdings following grant
Vesting date
May 1, 2027
RSUs vest subject to continuous service
Key Terms
restricted stock units, 2021 Omnibus Incentive Plan, vesting
3 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"
vesting financial
"These restricted stock units will vest on May 1, 2027, subject to the reporting person's continuous service"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Holley (HLLY) director Michelle Gloeckler receive in this Form 4?
Holley director Michelle J. Gloeckler received a grant of 32,710 restricted stock units. Each unit represents the right to receive one share of Holley common stock if vesting conditions are met under the company’s 2021 Omnibus Incentive Plan.
When do Michelle Gloeckler’s new Holley (HLLY) restricted stock units vest?
The 32,710 restricted stock units granted to Michelle Gloeckler vest on May 1, 2027. Vesting requires her continuous service with Holley Inc. through that date, meaning she must remain in her role to receive the underlying common shares.
What is the nature of the equity granted to Michelle Gloeckler at Holley (HLLY)?
The award is a grant of restricted stock units under Holley’s 2021 Omnibus Incentive Plan. Each unit converts into one share of common stock at vesting, providing equity-based compensation tied to her continued service with the company.
Did Michelle Gloeckler pay for the Holley (HLLY) restricted stock units granted?
The Form 4 shows the 32,710 restricted stock units were granted at a price of $0.0000 per unit. This indicates the award was compensation-based rather than an open-market purchase of Holley common stock by the director.