Holley (NYSE: HLLY) director receives 32,710 RSUs vesting in 2027
Rhea-AI Filing Summary
Basham Owen reported acquisition or exercise transactions in this Form 4 filing.
Holley Inc. director Owen Basham received a grant of 32,710 restricted stock units of Common Stock as equity compensation. The award was made at no cash cost and brings his directly held Common Stock to 110,041 shares after the grant.
The RSUs were issued under Holley’s 2021 Omnibus Incentive Plan and each unit represents one share of Common Stock upon vesting. The units vest on May 1, 2027, if he continues to serve through that date. Separately, 24,654,834 shares are held indirectly by Holley Parent Holdings, LLC, where he may be deemed to have a pecuniary interest but disclaims beneficial ownership beyond that.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 32,710 shares
Net Buy
2 txns
Insider
Basham Owen
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
Grant price: $0.0000 per share
Direct holdings after grant: 110,041 shares
+2 more
5 metrics
RSU grant size
32,710 units
Restricted stock units of Common Stock granted to director
Grant price
$0.0000 per share
Reported transaction price per share for RSU grant
Direct holdings after grant
110,041 shares
Common Stock directly held by Owen Basham after transaction
Indirect LLC holdings
24,654,834 shares
Common Stock held by Holley Parent Holdings, LLC
Vesting date
May 1, 2027
RSUs vest if continuous service is maintained through this date
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
"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
What did Holley (HLLY) director Owen Basham report in this Form 4?
Director Owen Basham reported receiving 32,710 restricted stock units of Holley Common Stock as an equity grant. The award was issued at no cash cost and increases his directly held Common Stock to 110,041 shares after the transaction.
When do Owen Basham’s 32,710 Holley (HLLY) RSUs vest?
The 32,710 restricted stock units granted to Owen Basham vest on May 1, 2027. Vesting is contingent on his continuous service with Holley Inc. through that date under the company’s 2021 Omnibus Incentive Plan.
What is the relationship between Owen Basham and Holley Parent Holdings, LLC?
Holley Parent Holdings, LLC holds 24,654,834 Holley Common shares. Basham may be deemed to beneficially own some of these through his relationship with the LLC but disclaims beneficial ownership beyond his pecuniary interest in those securities.
Under which plan were the 32,710 Holley (HLLY) RSUs granted?
The 32,710 restricted stock units were granted under Holley Inc.’s 2021 Omnibus Incentive Plan, as amended. This plan provides equity-based compensation, with each restricted stock unit representing the right to receive one share of Common Stock upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
