4Filed Aug 13, 8:00 PM ET

Holley CFO Jesse Weaver Surrenders 32,457 Shares for Taxes

$HLLY · Holley Inc.

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Holley CFO Jesse Weaver Surrenders 32,457 Shares for Taxes

What Happened
Jesse Weaver, Chief Financial Officer of Holley Inc. (HLLY), had 32,457 shares of common stock surrendered/withheld on August 12, 2026 to satisfy required tax withholding related to the vesting of restricted shares. The shares were valued at $3.17 each, for a total of $102,889. The withholding covered part of a larger grant of 82,482 restricted shares that vested on the same date.

Key Details

  • Transaction date: August 12, 2026; Form 4 filed August 14, 2026 (timely filing).
  • Transaction type/code: F — payment of tax liability via share withholding.
  • Shares withheld/disposed: 32,457 at $3.17 per share → $102,889.
  • Vesting referenced: 82,482 restricted shares vested on August 12, 2026; 32,457 withheld to cover taxes (Footnote F1).
  • Valuation method: number of shares withheld calculated using the closing price on August 12, 2026 (Footnote F2).
  • Shares owned after transaction: not specified in the filing.
  • Remarks: Exhibit 24 (Power of Attorney) included in the filing.

Context
This was a tax-withholding (cashless surrender) tied to vesting of restricted stock, not an open-market sale or a purchase. Such withholdings are a routine administrative step and do not necessarily indicate a CEO/CFO decision to sell shares for investment reasons.