SIEGERT PAUL ERIC 4
4 · HOULIHAN LOKEY, INC. · Filed Aug 28, 2025
Insider Transaction Report
Form 4
SIEGERT PAUL ERIC
CO-CHAIRMAN
Transactions
- Conversion
CLASS B COMMON STOCK
2025-08-27−40,000→ 0 total→ CLASS A COMMON STOCK (40,000 underlying) - Sale
CLASS A COMMON STOCK
2025-08-27$199.95/sh−40,000$7,998,000→ 0 total - Conversion
CLASS A COMMON STOCK
2025-08-27+40,000→ 40,000 total
Holdings
- 384,657(indirect: By Trust)
CLASS B COMMON STOCK
→ CLASS A COMMON STOCK (384,657 underlying)
Footnotes (3)
- [F1]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.
- [F2]Per share price reflects the weighted average price in a series of open market sales on August 27, 2025 at prices ranging from $199.13 per share to $200.49 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.
- [F3]The shares are held by the HL Voting Trust (the "Voting Trust"). The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust.