Holley (NYSE: HLLY) director receives 32,710 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sehgal Anita reported acquisition or exercise transactions in this Form 4 filing.
Holley Inc. director Anita Sehgal received an equity grant of 32,710 shares of Common Stock in the form of restricted stock units, awarded at a price of $0.00 per share as compensation. Following this grant, she directly holds 154,340 shares.
Each restricted stock unit represents one share of Common Stock and will vest on May 1, 2027, as long as she remains in continuous service through that date. This is a routine, non-market grant under Holley’s 2021 Omnibus Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sehgal Anita
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,710 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 154,340 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 32,710 units
Grant price per share: $0.00 per share
Shares held after transaction: 154,340 shares
+1 more
4 metrics
Restricted stock units granted
32,710 units
Grant of Common Stock RSUs to director on May 8, 2026
Grant price per share
$0.00 per share
Compensation grant, not open-market purchase
Shares held after transaction
154,340 shares
Total direct holdings following RSU grant
Vesting date
May 1, 2027
RSUs vest if continuous service through this date
Key Terms
restricted stock units, 2021 Omnibus Incentive Plan, vest, Common Stock
4 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
"pursuant to the Issuer's 2021 Omnibus Incentive Plan, as amended"
vest financial
"These restricted stock units will vest on May 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Holley (HLLY) director Anita Sehgal report in this Form 4?
Anita Sehgal reported receiving 32,710 restricted stock units of Holley Inc. Common Stock as a compensation grant. The units were awarded at $0.00 per share and increase her direct holdings to 154,340 shares after the transaction.
Is the Holley (HLLY) Form 4 transaction a stock purchase or compensation grant?
The transaction is a compensation grant, not an open-market stock purchase. Sehgal received 32,710 restricted stock units at $0.00 per share under Holley’s 2021 Omnibus Incentive Plan, which typically reflects routine director or executive equity-based compensation, rather than an investment decision.
When do Anita Sehgal’s Holley (HLLY) restricted stock units vest?
The 32,710 restricted stock units will vest on May 1, 2027, provided Sehgal maintains continuous service with Holley through that date. Upon vesting, each unit converts into one share of Common Stock, transferring full ownership to her at that time.
What plan governs the Holley (HLLY) restricted stock unit grant to Anita Sehgal?
The restricted stock unit grant was made under Holley’s 2021 Omnibus Incentive Plan, as amended. Such plans typically govern stock-based compensation awards for directors and executives, specifying vesting terms, eligibility, and how units convert into Common Stock at vesting.