Form 4: Houlihan Lokey CEO Scott Adelson Reports Share Transactions
SEC Form 4 Filing
Scott Adelson, CEO of Houlihan Lokey, reports the withholding of shares to cover taxes upon the vesting of existing awards.
Summary
- On May 15, 2025, Scott Adelson, CEO of Houlihan Lokey, reported a transaction involving Class B Common Stock.
- 14,043 shares of Class B Common Stock were withheld to cover taxes upon the vesting of existing awards under the Issuer's 2016 Incentive Award Plan.
- Following the transaction, Adelson indirectly owns 866,239 shares of Class A Common Stock through the HL Voting Trust.
- Adelson is a trustee of the HL Voting Trust and has shared voting control and a pecuniary interest in the shares held by the trust.
- Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis.
Sentiment
Score: 7
Explanation: The document reflects standard executive compensation practices and insider ownership reporting, suggesting a neutral to slightly positive sentiment as it indicates ongoing executive investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction involving Class B Common Stock. |
| 05/19/2025 | Date of signature for the report. |
Keywords
Form 4, Houlihan Lokey, Scott Adelson, HLI, Class B Common Stock, Class A Common Stock, HL Voting Trust, Beneficial Ownership, SEC Filing
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