Form 4: Houlihan Lokey General Counsel Christopher Crain Reports Stock Transaction
SEC Form 4 Filing
Christopher Crain, General Counsel of Houlihan Lokey, reports the withholding of shares to cover taxes upon vesting of awards.
Summary
- On May 15, 2025, Christopher M. Crain, General Counsel of Houlihan Lokey, Inc., reported a transaction involving Class B Common Stock.
- 1,728 shares of Class B Common Stock were withheld to cover taxes upon the vesting of existing awards under the Issuer's 2016 Incentive Award Plan.
- Following the transaction, Crain beneficially owns 49,997 shares of Class A Common Stock indirectly through the HL Voting Trust.
- Crain retains investment control and dispositive power over the shares deposited into the Voting Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider stock 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, Christopher Crain, HLI, General Counsel, Stock Transaction, Class B Common Stock, Class A Common Stock, HL Voting Trust, Beneficial Ownership
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