Holley chair granted 32,710 restricted units
Rubel Matthew E reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Rubel Matthew E reported acquisition or exercise transactions in this Form 4 filing.
Holley Inc. reported that Chairman of the Board Matthew E. Rubel received a grant of 32,710 restricted stock units of Common Stock at $0.0000 per unit under the company’s 2021 Omnibus Incentive Plan. These units vest on May 1, 2027, subject to his continuous service.
Following this award, Rubel directly holds 250,854 shares of Holley Common Stock. Additional shares are held indirectly through Rubel family trusts, including 493,632 shares held by the Rubel Family Management Trust and 134,831 shares held in each of three separate trusts for Michael, Jeffrey, and Joshua Rubel, where he serves as trustee and disclaims beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
Grant/Award: 32,710 shares
Grant/Award
5 txns
Insider
Rubel Matthew E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,710 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 250,854 shares (Direct);
Common Stock — 493,632 shares (Indirect, By Rubel Family Management Trust U/A Dated 10/8/2018);
Common Stock — 134,831 shares (Indirect, By Matthew Rubel Family Annual Exclusion Trust FBO Joshua Rubel);
Common Stock — 134,831 shares (Indirect, By Matthew Rubel Family Annual Exclusion Trust FBO Jeffrey Rubel);
Common Stock — 134,831 shares (Indirect, By Matthew Rubel Family Annual Exclusion Trust FBO Michael Rubel)
Footnotes (5)
- 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. Management Trust is the record holder of the securities reported. Mr. Rubel and Melissa Rubel are the trustees of the Management Trust and have shared voting and investment control over the securities held by the Management Trust. Each of Mr. Rubel and Ms. Rubel disclaim beneficial ownership except to the extent of their respective pecuniary interests therein.
- F3. Joshua Trust is the record holder of the securities reported. Mr. Rubel is the trustee of the Joshua Trust and has voting and investment control over the securities held by the Joshua Trust. Mr. Rubel disclaims beneficial ownership except to the extent of his pecuniary interests therein.
- F4. Jeffrey Trust is the record holder of the securities reported. Mr. Rubel is the trustee of the Jeffrey Trust and has voting and investment control over the securities held by the Jeffrey Trust. Mr. Rubel disclaims beneficial ownership except to the extent of his pecuniary interests therein.
- F5. Michael Trust is the record holder of the securities reported. Mr. Rubel is the trustee of the Michael Trust and has voting and investment control over the securities held by the Michael Trust. Mr. Rubel disclaims beneficial ownership except to the extent of his pecuniary interests therein.
Key Figures
RSU grant size: 32,710 units
RSU grant price: $0.0000 per unit
RSU vesting date: May 1, 2027
+5 more
8 metrics
RSU grant size
32,710 units
Restricted stock units granted to Matthew E. Rubel
RSU grant price
$0.0000 per unit
Price per restricted stock unit
RSU vesting date
May 1, 2027
Vesting date subject to continuous service
Direct holdings after grant
250,854 shares
Holley Common Stock directly held by Rubel
Management Trust holdings
493,632 shares
Held by Rubel Family Management Trust
Michael Rubel trust holdings
134,831 shares
Michael Rubel trust indirect holdings
Jeffrey Rubel trust holdings
134,831 shares
Jeffrey Rubel trust indirect holdings
Joshua Rubel trust holdings
134,831 shares
Joshua Rubel trust indirect holdings
Key Terms
restricted stock units, 2021 Omnibus Incentive Plan, beneficial ownership, pecuniary interests, +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"
beneficial ownership financial
"Each of Mr. Rubel and Ms. Rubel disclaim beneficial ownership except to the extent of their respective pecuniary interests therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interests financial
"disclaim beneficial ownership except to the extent of their respective pecuniary interests therein"
voting and investment control financial
"have shared voting and investment control over the securities held by the Management Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Holley (HLLY) disclose about Matthew Rubel’s latest equity award?
Holley disclosed that Chairman Matthew E. Rubel received 32,710 restricted stock units of Common Stock at no cost. The award was granted under Holley’s 2021 Omnibus Incentive Plan and is structured as equity-based compensation rather than a market purchase of shares.
When do Matthew Rubel’s new Holley (HLLY) restricted stock units vest?
The 32,710 restricted stock units granted to Matthew Rubel vest on May 1, 2027. Vesting is contingent on his continuous service with Holley through that date, aligning long-term compensation with ongoing leadership and company performance over several years.
What indirect Holley (HLLY) holdings are reported for Rubel family trusts?
The filing reports 493,632 Holley shares held by the Rubel Family Management Trust and 134,831 shares in each of three separate trusts for Michael, Jeffrey, and Joshua Rubel. Matthew Rubel serves as trustee and disclaims beneficial ownership beyond his pecuniary interests.
Under which plan were Matthew Rubel’s Holley (HLLY) restricted stock units granted?
The 32,710 restricted stock units were granted under Holley’s 2021 Omnibus Incentive Plan, as amended. This plan provides a framework for equity-based compensation awards to executives and directors, typically tying part of their compensation to long-term shareholder value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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