LOBEL DAVID S sold HLLY
September 10, 2025 · Form 4 insider transaction
LOBEL DAVID S sold 14,000,000 shares of Holley Inc. at $2.63 per share, a transaction worth $36.82M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
The shares were sold by Holley Parent Holdings, LLC d/b/a Sentinel Holley Holdings ("Sentinel Holley") pursuant to an underwritten public offering, which closed on September 12, 2025. Sentinel Holley is an entity ultimately controlled by Sentinel Capital Partners, LLC that was formed to hold the investment by its affiliated funds and certain other investors in the Issuer. The Issuer did not sell or receive shares or receive any consideration in connection with the Transaction, and the Transaction did not create any new shares of Common Stock or change the number of shares of outstanding Common Stock of the Issuer.; The selling price of such shares was $2.63, which represents the price to the public less the underwriting discounts and commissions.; See Exhibit 99.2 for Joint Filer information.