Holley Inc. has announced new compensation terms for its top executives, effective August 12, 2025. The company's Compensation and Talent Committee has approved one-time grants of restricted stock units (RSUs) and performance stock units (PSUs) under its 2021 Omnibus Incentive Plan. Matthew Stevenson, the President and CEO, received 433,034 RSUs and 433,034 PSUs, while CFO Jesse Weaver and Executive Vice President Carly Kennedy were granted 247,448 RSUs and 123,724 RSUs, respectively. The PSUs are set to vest based on the company's stock price achieving a target of $4.00 over a specified performance period. Additionally, Change in Control Severance Letter Agreements were established for Mr. Weaver and Ms. Kennedy, extending their severance payment period from six to twelve months in the event of employment termination around a Change in Control.
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