Form 4: Houlihan Lokey Exec Sells Shares for Tax Withholding
Statement of Changes in Beneficial Ownership
Scott Adelson, CEO of Houlihan Lokey, reported a disposition of Class B Common Stock to cover taxes upon vesting of awards.
Summary
- Scott Adelson, CEO and Director of Houlihan Lokey, Inc., reported a transaction on May 15, 2026.
- The transaction involved the disposition of 11,093 shares of Class B Common Stock.
- These shares were withheld to cover taxes associated with the vesting of awards under the Issuer's 2016 Incentive Award Plan.
- Following this transaction, Adelson beneficially owns 867,828 shares of Class A Common Stock, held indirectly through the HL Voting Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard tax-related stock disposition by an executive and does not indicate a change in investment strategy or company performance.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a change in beneficial ownership due to tax withholding.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for executives and directors regarding changes in their beneficial ownership of company stock, often related to routine events like vesting or option exercises.
Stakeholder Impact
- Shareholders: This transaction is a routine tax-related event for the executive and is not expected to have a significant direct impact on the share price or overall company strategy.
Key Dates
| Date | Description |
|---|---|
| 05/15/2026 | Transaction Date for disposition of Class B Common Stock. |
| 05/19/2026 | Date of signature for the filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Stock Vesting, Tax Withholding, Houlihan Lokey, HLI, Executive Compensation
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