Holley Inc. (HLLY) CFO withholds 32,457 shares to cover tax bill
Rhea-AI Filing Summary
Holley Inc. Chief Financial Officer Jesse Weaver reported a Form 4 transaction involving common stock. On August 12, 2026, 32,457 shares were automatically withheld at $3.17 per share to cover tax obligations upon the vesting of 82,482 restricted shares. Following this tax-withholding disposition, Weaver directly holds 661,695 shares of Holley Inc. common stock.
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Insights
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Insider Trade Summary
Net Seller: 32,457 shares
Net Sell
1 txn
Insider
WEAVER JESSE
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 32,457 | $3.17 | $103K |
Holdings After Transaction:
Common Stock — 661,695 shares (Direct)
Footnotes (2)
- F1. This amount represents shares automatically withheld upon the vesting of 82,482 restricted shares of common stock on August 12, 2026 to cover required tax withholding.
- F2. 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 August 12, 2026.
Key Figures
Shares withheld for taxes: 32,457 shares
Fair market value per share: $3.17 per share
Restricted shares vested: 82,482 shares
+1 more
4 metrics
Shares withheld for taxes
32,457 shares
Common stock automatically withheld on August 12, 2026 to cover tax withholding
Fair market value per share
$3.17 per share
Closing price of HLLY common stock on August 12, 2026 used to calculate withheld shares
Restricted shares vested
82,482 shares
Restricted shares of common stock that vested on August 12, 2026
Shares owned after transaction
661,695 shares
Direct holdings of Holley common stock by CFO Jesse Weaver after withholding
Key Terms
restricted shares, tax withholding, fair market value
3 terms
tax withholding financial
"shares automatically withheld ... 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.
fair market value financial
"The fair market value of HLLY common stock used for purposes of calculating"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
FAQ
What insider transaction did Holley Inc. (HLLY) report for CFO Jesse Weaver?
Holley Inc. reported that CFO Jesse Weaver had 32,457 shares of common stock automatically withheld on August 12, 2026. These shares covered tax obligations tied to the vesting of 82,482 restricted shares, rather than an open-market sale.
Was the Holley (HLLY) CFO’s Form 4 transaction an open-market sale?
No. The Form 4 states that 32,457 shares were automatically withheld to satisfy required tax withholding. This was not a discretionary open-market sale, but a tax-related share disposition tied to restricted stock vesting.
Did Holley Inc. (HLLY) indicate a Rule 10b5-1 trading plan for this CFO transaction?
No. The filing’s Rule 10b5-1 checkbox is not marked as being under a trading plan. The transaction is characterized as automatic share withholding for tax obligations upon restricted stock vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.