secwatch.observer — SEC 8-K summary
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Issuer:     Holley Inc. (HLLY)
CIK:        0001822928
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0001437749-22-028911
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Holley appoints Jesse Weaver as CFO, effective December 12, 2022
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- Jesse Weaver appointed CFO, succeeding interim CFO Stephen Trussell; Trussell remains VP of Finance.
- Weaver previously SVP Finance at SmileDirectClub, VP FP&A at Dollar General, finance roles at Yum! Brands.
- Compensation: base salary $435,000; annual bonus 65%-130% of base; signing bonus $225,000 (repayable if leaves within 2 years).
- Annual stock grant of 150% base salary starting 2023, plus one-time RSU grant of $100,000 vesting over 2 years.
- Severance: 6 months base salary if terminated without cause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822928/000143774922028911/0001437749-22-028911-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822928/000143774922028911/hlly20221206_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-028911

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer