Insider trade

Chair sold ~$941K of HLI shares in the open market

Traded May 21, 2026 · Filed May 22, 2026

Why it stands out

Houlihan Lokey's CO-CHAIRMAN sold $941K of Houlihan Lokey shares. Nobody planned it ahead of time.

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 Ownership

All the details

Chair$500K–$1M

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$941,379

Shares × reported transaction price

Timing vs results

14 days after results of May 7, 2026, 70 days before results of Jul 30, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After	Stock	S&P 500	Difference
7 days	−6.6%	+1.4%	−8.0%
30 days	−7.1%	−0.2%	−6.9%
90 days	−15.5%	+2.3%	−17.8%

Past results only. Not a forecast.

Per share price reflects the weighted average price in a series of open market sales on May 21, 2026 at prices ranging from $149.83 per share to $150.89 per share. The reporting person undertakes to provide to Houlihan Lokey, Inc., and security holder of Houlihan Lokey, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range identified in this footnote.