Form 4: Houlihan Lokey Director Gillian Beth Zucker Sells 200 Shares of Class A Common Stock

Sentiment:

SEC Form 4 Filing


Gillian Beth Zucker, a director at Houlihan Lokey, sold 200 shares of Class A Common Stock on January 13, 2025, at a price of $165.63 per share, according to a Form 4 filing with the SEC.

Summary

  • On January 13, 2025, Gillian Beth Zucker, a director of Houlihan Lokey, Inc. (HLI), sold 200 shares of Class A Common Stock.
  • The transaction was executed at a price of $165.63 per share.
  • Following the transaction, Zucker directly owns 6,001 shares of Houlihan Lokey's Class A Common Stock.
  • The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on May 21, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale by a company director under a pre-arranged trading plan. There is no indication of positive or negative implications for the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The sale of shares by a director could be perceived neutrally by shareholders, as it is a relatively small transaction and executed under a pre-arranged plan.

Key Dates

DateDescription
05/21/2024Date of adoption of Rule 10b5-1 trading plan
01/13/2025Date of stock sale transaction

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