Form 4: Houlihan Lokey Director Scott L. Beiser Reports Changes in Beneficial Ownership

Scott L. Beiser, a Director and Co-Chairman of Houlihan Lokey, Inc., reports a transaction involving Class B Common Stock related to tax obligations upon vesting of awards.

Summary

• On May 15, 2025, Scott L. Beiser, a Director and Co-Chairman of Houlihan Lokey, Inc., filed a Form 4 indicating changes in beneficial ownership.
• The transaction involved the withholding of 7,881 shares of Class B Common Stock to cover taxes upon the vesting of existing awards under the Issuer's 2016 Incentive Award Plan.
• Following the transaction, Beiser indirectly owns 825,644 shares of Class A Common Stock through the HL Voting Trust.
• 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 a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it relates to tax obligations on vested awards.

Key Dates

Keywords

Form 4, Houlihan Lokey, Beneficial Ownership, Scott L. Beiser, Class B Common Stock, Class A Common Stock, HL Voting Trust, Director, Co-Chairman