4/A: Houlihan Lokey Co-Chairman Irwin Gold Amends SEC Filing Regarding Share Transactions

Houlihan Lokey's Co-Chairman, Irwin Gold, amended a previous SEC filing to correct the number of shares involved in a conversion and donation transaction.

Summary

• Irwin Gold, Co-Chairman of Houlihan Lokey, filed an amendment to a previous SEC Form 4.
• The amendment corrects the number of Class A Common Stock shares involved in a transaction on November 25, 2024.
• The original filing incorrectly stated that 10,000 shares were converted and then donated, but the correct number is 5,000 shares.
• Mr. Gold converted 5,000 shares of Class B Common Stock into Class A Common Stock.
• He then donated 5,000 shares of Class A Common Stock to charity, receiving no value in return.
• Mr. Gold also has indirect beneficial ownership of 1,090,110 shares of Class A Common Stock through the HL Voting Trust.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating no significant positive or negative sentiment. The correction shows attention to detail and compliance.

Industry Context

This is a routine SEC filing related to insider transactions and is common for publicly traded companies. It does not indicate any broader industry trends.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
• The transactions reported are typical for executives and directors of public companies.
• The amendment to correct the number of shares is not unusual and demonstrates compliance with SEC regulations.

Stakeholder Impact

• The correction of the filing ensures transparency for shareholders.
• The charitable donation has no direct impact on the company's financials.

Key Dates

Keywords

SEC Filing, Form 4, Houlihan Lokey, Irwin Gold, Share Transaction, Class A Common Stock, Class B Common Stock, Charitable Donation, HL Voting Trust, Beneficial Ownership