Basham Owen 4
Research Summary
AI-generated summary
Holley (HLLY) Director Basham Owen Receives RSU Award
What Happened
- Basham Owen, a director of Holley Inc. (HLLY), received a grant of 32,710 restricted stock units (transaction code A) on 2026-05-08. The reported acquisition price is $0.00 per unit (typical for RSU awards). These RSUs represent the right to receive one share of Common Stock per unit upon vesting.
Key Details
- Transaction date and price: 2026-05-08, 32,710 RSUs at $0.00 each.
- Vesting: Per footnote, the RSUs will vest on May 1, 2027, subject to continuous service through that date (F1).
- Holdings after transaction: Not specified in the provided filing.
- Related holdings: Footnote indicates some securities are held by Holley Parent Holdings, LLC and the reporting person disclaims beneficial ownership of those shares except to the extent of any pecuniary interest (F2).
- Filing timeliness: Report filed 2026-05-14. Form 4 is generally due within two business days of the transaction, so this filing appears later than the standard deadline.
Context
- These are restricted stock units (RSUs), a form of equity compensation that converts to shares if and when the RSUs vest; this grant is a compensation/award event rather than an open‑market purchase or sale. RSU grants do not necessarily signal buying/selling intent by the insider — they are typically part of compensation or retention programs.