Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Nov 10, 2025
Reporting period
Not applicable
Filed with the SEC
Nov 13, 2025
ChairOption exercise
Context
Classification
option exercise
Code C — exercise or conversion of a derivative security
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001302215-25-000115
Filed / recorded
Nov 13, 2025, 2:55 AM UTC
Added to OQRO
Oct 6, 2026, 7:59 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
HOULIHAN LOKEY, INC.
Issuer CIK
1302215
Ticker
HLI
Reporting person
Scott L Beiser
Relationship
Director, Officer, 10% owner
Officer title
CO-CHAIRMAN
Security
CLASS A COMMON STOCK
Table
Non-derivative (Table I)
Transaction date
Nov 10, 2025
Transaction code
C
Shares / units
8,000
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
8,000
Ownership form
Direct
Amendment
No
Footnotes from the filing
Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer, and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering). The Class B Common Stock has no expiration date.