Holley Inc SEC Filings

Holley Inc. reporting persons (including Sentinel entities and Holley Parent Holdings, LLC) each beneficially own 24,654,834 shares of Common Stock, representing approximately 20.5% of the outstanding shares based on 120,499,661 shares outstanding as of September 8, 2025. The amendment discloses that Holley Parent Holdings granted an option to underwriters on September 10, 2025 to sell an additional 2,100,000 shares, which the underwriters exercised and closed on September 18, 2025 at a public offering price of $2.75 per share, minus underwriting discounts of $0.12 per share. Except for the transaction described, no other transactions in the Common Stock by the reporting persons were effected since the last filed amendment.

Holley Inc. reporting persons (including Sentinel entities and Holley Parent Holdings, LLC) each beneficially own 24,654,834 shares of Common Stock, representing approximately 20.5% of the outstanding shares based on 120,499,661 shares outstanding as of September 8, 2025. The amendment discloses that Holley Parent Holdings granted an option to underwriters on September 10, 2025 to sell an additional 2,100,000 shares, which the underwriters exercised and closed on September 18, 2025 at a public offering price of $2.75 per share, minus underwriting discounts of $0.12 per share. Except for the transaction described, no other transactions in the Common Stock by the reporting persons were effected since the last filed amendment.

Holley Inc. (HLLY) insiders reported the sale of 14,000,000 shares of common stock by Holley Parent Holdings, LLC (d/b/a Sentinel Holley) on 09/10/2025 at a public offering price net of underwriting discounts of $2.63 per share. After the transaction, the reporting parties collectively beneficially own 26,754,834 shares on an indirect basis. The filing states the offering closed on September 12, 2025, the issuer did not issue new shares and received no proceeds from the sale. Multiple Sentinel-affiliated entities and David S. Lobel are listed as reporting persons; joint filer details are provided in an exhibit.

Holley Inc. reporting persons filed Amendment No. 7 to their Schedule 13D to disclose a secondary sale by Holley Parent Holdings, LLC. Pursuant to an underwriting agreement dated September 10, 2025, the Selling Stockholder sold 14,000,000 shares of Holley common stock at a public offering price of $2.75 per share (underwriting discounts and commissions of $0.12 per share). The offering closed on September 12, 2025, and the Underwriters have a 30-day option to purchase an additional 2,100,000 shares. After the transaction, each reporting person beneficially owns 26,754,834 shares, representing approximately 22.2% of the 120,499,661 shares outstanding (per the issuer's September 9, 2025 prospectus). The Selling Stockholder agreed to customary 90-day lock-up restrictions commencing September 12, 2025. The Underwriting Agreement is filed as Exhibit 7.

Holley Inc. reporting persons filed Amendment No. 7 to their Schedule 13D to disclose a secondary sale by Holley Parent Holdings, LLC. Pursuant to an underwriting agreement dated September 10, 2025, the Selling Stockholder sold 14,000,000 shares of Holley common stock at a public offering price of $2.75 per share (underwriting discounts and commissions of $0.12 per share). The offering closed on September 12, 2025, and the Underwriters have a 30-day option to purchase an additional 2,100,000 shares. After the transaction, each reporting person beneficially owns 26,754,834 shares, representing approximately 22.2% of the 120,499,661 shares outstanding (per the issuer's September 9, 2025 prospectus). The Selling Stockholder agreed to customary 90-day lock-up restrictions commencing September 12, 2025. The Underwriting Agreement is filed as Exhibit 7.

Holley Inc. reporting persons filed Amendment No. 7 to their Schedule 13D to disclose a secondary sale by Holley Parent Holdings, LLC. Pursuant to an underwriting agreement dated September 10, 2025, the Selling Stockholder sold 14,000,000 shares of Holley common stock at a public offering price of $2.75 per share (underwriting discounts and commissions of $0.12 per share). The offering closed on September 12, 2025, and the Underwriters have a 30-day option to purchase an additional 2,100,000 shares. After the transaction, each reporting person beneficially owns 26,754,834 shares, representing approximately 22.2% of the 120,499,661 shares outstanding (per the issuer's September 9, 2025 prospectus). The Selling Stockholder agreed to customary 90-day lock-up restrictions commencing September 12, 2025. The Underwriting Agreement is filed as Exhibit 7.

Holley Inc. reporting persons filed Amendment No. 7 to their Schedule 13D to disclose a secondary sale by Holley Parent Holdings, LLC. Pursuant to an underwriting agreement dated September 10, 2025, the Selling Stockholder sold 14,000,000 shares of Holley common stock at a public offering price of $2.75 per share (underwriting discounts and commissions of $0.12 per share). The offering closed on September 12, 2025, and the Underwriters have a 30-day option to purchase an additional 2,100,000 shares. After the transaction, each reporting person beneficially owns 26,754,834 shares, representing approximately 22.2% of the 120,499,661 shares outstanding (per the issuer's September 9, 2025 prospectus). The Selling Stockholder agreed to customary 90-day lock-up restrictions commencing September 12, 2025. The Underwriting Agreement is filed as Exhibit 7.

Holley Inc. reported that a stockholder controlled by Sentinel Capital Partners completed a secondary public offering of 14,000,000 shares of Holley common stock at a public offering price of $2.75 per share. The selling stockholder also granted the underwriters a 30-day option to purchase up to an additional 2,100,000 shares of common stock. This transaction, which closed on September 12, 2025, involves only existing shares held by the selling stockholder, and Holley Inc. did not receive any proceeds from the offering.

Holley Inc. reported that it has paid down $15 million on its first lien term loan facility. The company disclosed this debt repayment under Item 8.01 as an other event, noting that the action was announced in a press release dated August 27, 2025. This step reduces the outstanding balance on the first lien term loan facility and reflects a deliberate move to lower that specific borrowing.

Holley Inc. reported that it has paid down $15 million on its first lien term loan facility. The company disclosed this debt repayment under Item 8.01 as an other event, noting that the action was announced in a press release dated August 27, 2025. This step reduces the outstanding balance on the first lien term loan facility and reflects a deliberate move to lower that specific borrowing.

Holley Inc. insider filing: Carly Kennedy, identified as Executive Vice President & General Counsel and reporting person, received a grant of 123,724 restricted stock units on 08/12/2025 under the companys 2021 Omnibus Incentive Plan. Each restricted stock unit converts to one share of common stock upon vesting and the units were granted at no cash price ($0). Following the grant, the reporting person beneficially owns 426,448 shares. The restricted stock units vest in equal or nearly equal installments on August 12, 2026, 2027, and 2028, subject to continuous employment.

Jesse Weaver, Chief Financial Officer of Holley Inc. (HLLY), was granted 247,448 restricted stock units on 08/12/2025. Each unit converts to one share upon vesting and carries no purchase price. Following the grant, Mr. Weaver beneficially owns 659,459 shares. The restricted stock units vest in approximately equal installments on August 12 of 2026, 2027 and 2028, and are subject to continued employment through each vesting date. The filing was signed by an attorney-in-fact on behalf of the reporting person.

Matthew J. Stevenson, President & CEO and a director of Holley Inc. (HLLY), received equity awards totaling 866,068 units on 08/12/2025. The filing shows two grants of 433,034 units each: one class of restricted stock units that convert one-for-one into common shares and vest in approximately equal installments on August 12 of 2026, 2027 and 2028, contingent on continued employment; and one class of performance stock units that convert one-for-one into common shares only if Holley’s common stock meets a specified price target for 20 consecutive trading days before the seven-year expiration. After these grants, the reported beneficial ownership totals are 2,646,995 shares for the restricted units line and 3,080,029 shares for the performance units line, reflecting the reported post-transaction positions.

Holley Inc. reported that its board committee approved one-time equity awards for three senior officers on August 12, 2025. President and CEO Matthew Stevenson received 433,034 restricted stock units (RSUs) and 433,034 performance stock units (PSUs), Chief Financial Officer Jesse Weaver received 247,448 RSUs, and Executive Vice President and General Counsel Carly Kennedy received 123,724 RSUs.

The RSUs vest in three equal annual installments over three years, generally requiring continued employment, and fully vest upon a Change in Control with a cash or stock payment based on per-share deal value. The PSUs vest if a Company stock price target of $4.00 is maintained for 20 consecutive trading days during the performance period, with accelerated vesting on a qualifying Change in Control if the target has been met or exceeded. Holley also entered Change in Control Severance Letter Agreements with Mr. Weaver and Ms. Kennedy that extend their severance from six to twelve months of base salary if certain terminations occur within a defined Change in Control Period.

Kayne Anderson Rudnick Investment Management, LLC reports beneficial ownership of 5,655,361 Holley Inc ordinary shares, representing 4.7% of the class. The filing breaks down authority as sole voting power 1,733,164, shared voting power 3,807,769, sole dispositive power 1,847,592, and shared dispositive power 3,807,769.

The filer is identified as an investment adviser (IA) organized in California and certifies the securities were acquired and are held in the ordinary course of business and not to change or influence control of the issuer.