Holley Inc. (HLLY) CEO reports 178,194 shares withheld for taxes
Rhea-AI Filing Summary
Holley Inc. insider Matthew J. Stevenson, the company’s President and CEO and a director, reported an automatic share withholding tied to equity compensation. On 12/24/2025, 178,194 shares of common stock were withheld at a price of $4.24 per share to cover required tax withholding upon the vesting of 433,034 performance shares of common stock. After this transaction, Stevenson beneficially owns 2,901,835 shares of Holley Inc. common stock directly.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Holley Inc. (HLLY) report for Matthew J. Stevenson?
Holley Inc. reported that President, CEO, and director Matthew J. Stevenson had 178,194 shares of common stock automatically withheld on 12/24/2025 to cover tax obligations related to vesting performance shares.
What was the purpose of the 178,194 Holley Inc. shares withheld from Matthew J. Stevenson?
The 178,194 shares of Holley Inc. common stock were automatically withheld upon the vesting of 433,034 performance shares to cover required tax withholding.
At what price were the withheld Holley Inc. (HLLY) shares valued for tax purposes?
The withheld shares were valued using the fair market value based on the closing price of Holley Inc. common stock on December 23, 2025, which was $4.24 per share.
How many Holley Inc. shares does Matthew J. Stevenson own after this Form 4 transaction?
Following the reported transaction, Matthew J. Stevenson beneficially owns 2,901,835 shares of Holley Inc. common stock directly.
What type of equity award vested for Matthew J. Stevenson at Holley Inc.?
The transaction relates to the vesting of 433,034 performance shares of Holley Inc. common stock on December 24, 2025.
Was the Holley Inc. insider transaction an open market sale by Matthew J. Stevenson?
No. The filing explains that the 178,194 shares were automatically withheld upon vesting of performance shares to satisfy tax withholding requirements.