Form 4: Houlihan Lokey Co-Chairman Paul Eric Siegert Reports Stock Transaction
SEC Form 4 Filing
Paul Eric Siegert, Co-Chairman of Houlihan Lokey, reports a transaction involving Class B Common Stock on May 15, 2025.
Summary
- On May 15, 2025, Paul Eric Siegert, Co-Chairman of Houlihan Lokey, reported a transaction.
- The transaction involved the withholding of 13,424 Class B Common Stock shares to cover taxes upon the vesting of existing awards under the Issuer's 2016 Incentive Award Plan.
- Following the transaction, Siegert beneficially owns 400,178 shares of Class A Common Stock indirectly through the HL Voting Trust.
- The Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
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, HLI, Paul Eric Siegert, Class B Common Stock, Class A Common Stock, HL Voting Trust, Beneficial Ownership, SEC Filing
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