---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-015010"
form_type: "8-K/A"
ticker: "HLLY"
cik: "0001822928"
company_name: "Holley Inc."
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:27:14.880240+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Holley appoints Matthew Stevenson as President and CEO; amends PSU vesting terms

## Summary
- Matthew Stevenson appointed President and CEO, effective June 6, 2023, replacing interim CEO Michelle Gloeckler who remains on board.
- Compensation includes $700k base salary, $700k signing bonus, 1M RSUs, and 1.52M PSUs with stock price thresholds from $5 to $15.
- Amendment corrects original 8-K by adding a tranche of 300k PSUs vesting at $12.50 stock price.
- Stevenson previously served as President and CEO of Blue Bird Corporation (BLBD).
- He will also join the Board as a Class I director with term expiring in 2025.

## SEC filing metadata
- accession: 0001437749-23-015010
- form_type: 8-K/A
- ticker: HLLY
- cik: 0001822928
- company_name: Holley Inc.
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822928/000143774923015010/0001437749-23-015010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822928/000143774923015010/hlly20230517_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-015010
- JSON: https://secwatch.observer/filing/0001437749-23-015010.json
- Plain text: https://secwatch.observer/filing/0001437749-23-015010.txt

## Key facts
- Executive change
  Matthew Stevenson was appointed as President and Chief Executive Officer at Holley Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On May 17, 2023, Holley Inc. (the “Company”) announced the appointment of Matthew Stevenson as President and Chief Executive Officer of the Company, as well as a Class I director of the Company with a term expiring at the 2025 annual meeting of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822928/000143774923015010/0001437749-23-015010-index.htm
- Executive change
  Matthew Stevenson was appointed as Class I Director at Holley Inc..
  - Action: appointed
  - Role: Class I Director
  source text: as well as a Class I director of the Company with a term expiring at the 2025 annual meeting of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822928/000143774923015010/0001437749-23-015010-index.htm
- Executive change
  Michelle Gloeckler departed as Interim President and Chief Executive Officer at Holley Inc..
  - Action: will no longer serve
  - Role: Interim President and Chief Executive Officer
  source text: Michelle Gloeckler, who has served as the Interim President and CEO since February 6, 2023, will no longer serve in such position effective as of the Start Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822928/000143774923015010/0001437749-23-015010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.