Holley (HLLY) CFO gains RSUs as shares withheld for tax on vesting
Rhea-AI Filing Summary
Holley Inc. Chief Financial Officer Jesse Weaver reported routine equity compensation activity involving restricted stock and tax withholding. On March 13, 2026, he received a grant of 111,911 restricted stock units under Holley’s 2021 Omnibus Incentive Plan, which will vest in three annual installments beginning March 13, 2027.
On March 4, 8, and 21, 2026, a total of 81,910 common shares were automatically withheld to cover required tax obligations upon vesting of 25,770, 83,815, and 98,564 restricted shares, respectively. Performance-based units paid out at 110% of target based on 2025 Revenue and EBITDA goals. After these transactions, Weaver directly held 694,152 Holley common shares.
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Insider Trade Summary
Net Buyer: 34,693 shares
Net Buy
5 txns
Insider
WEAVER JESSE
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,692 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 38,786 | $2.72 | $105K |
| Grant/Award | Common Stock | 111,911 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 32,983 | $3.36 | $111K |
| Exercise Price or Tax Liability | Common Stock | 10,141 | $3.46 | $35K |
Holdings After Transaction:
Common Stock — 694,152 shares (Direct)
Footnotes (5)
- F1. This amount represents shares automatically withheld upon the vesting of 25,770 restricted shares of common stock on March 4, 2026, to cover required tax withholding. The fair market value of HLLY common stock used for purposes of calculating the number of shares to be withheld was the closing price of HLLY common stock as reported on March 4, 2026.
- F2. This amount represents shares automatically withheld upon the vesting of 83,815 restricted shares of common stock on March 8, 2026, to cover required tax withholding. The fair market value of HLLY common stock used for purposes of calculating the number of shares to be withheld was the closing price of HLLY common stock as reported on March 6, 2026.
- F3. Represents a grant of restricted stock units pursuant to the Issuer's 2021 Omnibus Incentive Plan. Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock. These restricted stock units will vest in equal, or nearly equal, installments on March 13 of each of 2027, 2028, and 2029, subject to the reporting person's continuous employment through such date.
- F4. This amount reflects additional shares issued upon the vesting of performance-based restricted stock units. The number of shares delivered was determined based on the Company's achievement of applicable performance metrics for fiscal year 2025, consisting of Revenue and EBITDA goals. The Company achieved a 110% payout for the relevant performance period, representing an additional 10% of shares above the target award.
- F5. This amount represents shares automatically withheld upon the vesting of 98,564 restricted shares of common stock on March 21, 2026, to cover required tax withholding. The fair market value of HLLY common stock used for purposes of calculating the number of shares to be withheld was the closing price of HLLY common stock as reported on March 20, 2026.
Key Figures
Tax-withheld shares: 81,910 shares
RSU grant: 111,911 units
Additional RSU grant: 4,692 units
+5 more
8 metrics
Tax-withheld shares
81,910 shares
Shares automatically withheld for tax on Mar 4, 8, 21, 2026
RSU grant
111,911 units
Restricted stock units granted on March 13, 2026
Additional RSU grant
4,692 units
Restricted stock units granted on March 21, 2026
Vesting restricted shares
25,770 shares
Restricted shares vested on March 4, 2026
Vesting restricted shares
83,815 shares
Restricted shares vested on March 8, 2026
Vesting restricted shares
98,564 shares
Restricted shares vested on March 21, 2026
Performance payout
110%
Performance-based RSUs paid at 110% of target for 2025
Post-transaction holdings
732,938 shares
Holley common shares directly owned after transactions
Key Terms
restricted stock units, 2021 Omnibus Incentive Plan, performance-based restricted stock units, EBITDA, +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."
performance-based restricted stock units financial
"This amount reflects additional shares issued upon the vesting of performance-based restricted stock units."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
EBITDA financial
"The number of shares delivered was determined based on the Company's achievement of applicable performance metrics for fiscal year 2025, consisting of Revenue and EBITDA goals."
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It measures a company's profitability by focusing on the money it makes from its core operations, ignoring expenses like taxes and accounting adjustments. Investors use EBITDA to compare how well different companies are performing financially, as it provides a clearer picture of operational success without the influence of financial structure or accounting choices.
tax withholding financial
"shares automatically withheld upon the vesting of restricted shares of common stock ... to cover required tax withholding."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Holley (HLLY) CFO Jesse Weaver report?
Holley CFO Jesse Weaver reported grants of restricted stock units and automatic share withholdings for taxes. RSUs were granted on March 13 and March 21, 2026, while shares were withheld on March 4, 8, and 21, 2026 when previously granted restricted stock vested.
What restricted stock units did Holley (HLLY) grant to its CFO?
Holley granted CFO Jesse Weaver 111,911 restricted stock units on March 13, 2026 and 4,692 additional units on March 21, 2026. Each unit represents one share upon vesting, with the March 13 grant vesting in roughly equal installments in 2027, 2028, and 2029.
How were Holley (HLLY) performance-based awards determined for the CFO?
Performance-based restricted stock units vested based on Holley’s 2025 Revenue and EBITDA metrics. The company achieved a 110% payout for the relevant performance period, delivering 10% more shares than the original target award when those performance-based units settled into common stock.