SCHRIESHEIM ROBERT A 4

What Happened
Robert A. Schriesheim, a director of Houlihan Lokey, sold 5,000 common shares in an open-market sale on February 6, 2026. The shares were disposed at $170.86 each for a total proceeds of $854,300. This was a sale (transaction code S), which is a disposition of shares rather than a purchase.

Key Details

• Transaction date: 2026-02-06
• Transaction type and code: Open-market sale (S)
• Shares sold: 5,000 at $170.86 per share
• Total value: $854,300
• Shares owned after transaction: Not specified in the provided filing summary
• Footnotes / plan: No 10b5-1 plan, tax withholding, or other footnotes indicated in the supplied data
• Filing timeliness: Report filed on 2026-02-10 (filed within normal Form 4 timing for a Feb 6 transaction)

Context
Sales by directors can be routine (liquidity, diversification, tax planning) and do not by themselves prove a change in company outlook. This record shows a straightforward open-market disposition; no option exercise, gift, or tax-withholding transaction was reported in the supplied information.