Holley Inc. 8-K Summary: Annual Meeting Results
Business Context and Reporting Period
This Form 8-K reports on the 2026 Annual Meeting of Stockholders held by Holley Inc. on May 1, 2026. The filing details the outcomes of five specific proposals submitted to security holders, including director elections, auditor ratification, executive compensation approval, and amendments to the company's incentive plan.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results and does not contain financial performance data.
Material Changes and Voting Results
Stockholders approved all five proposals presented at the Annual Meeting. Key voting outcomes include:
- Election of Directors: All nominees were elected. Ginger Jones received the highest support with 80,227,647 votes for, while James Coady received 59,291,243 votes for.
- Auditor Ratification: Grant Thornton LLP was ratified as the independent registered public accounting firm for fiscal 2026 with 102,496,490 votes for.
- Say-on-Pay: Executive compensation for the year ended December 31, 2025, was approved with 87,722,318 votes for.
- Say-on-Pay Frequency: Stockholders voted to hold future advisory votes on executive compensation annually (60,811,227 votes).
- Incentive Plan Amendment: The 2021 Omnibus Incentive Plan was approved to increase the number of authorized shares reserved for delivery, receiving 61,003,367 votes for.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, risks, contingencies, or unusual items. The document serves strictly as a record of the shareholder vote outcomes.
Key Facts for Investor Verification
- Verify the specific number of additional shares authorized under the amended 2021 Omnibus Incentive Plan by reviewing the referenced Proxy Statement (Exhibit 10.1).
- Confirm the tenure of the newly elected directors, who serve until the 2029 Annual Meeting.
- Note the significant number of broker non-votes (13,807,879) on the director election and Say-on-Pay proposals, indicating shares held in street name where brokers lacked discretionary voting power.
- Review the definitive Proxy Statement filed on March 20, 2026, for detailed descriptions of the proposals and the rationale behind the incentive plan amendment.