SCHRIESHEIM ROBERT A 4

What Happened

• Robert A. Schriesheim, a director of Houlihan Lokey, received an award of 1,129 shares on 2026-05-21. The filing reports an acquisition price of $0.00, indicating these were granted shares (transaction code A) rather than a cash purchase.

Key Details

• Transaction date: 2026-05-21
• Transaction type/code: Award/Grant (A)
• Shares acquired: 1,129
• Reported acquisition price: $0.00 (grant/award)
• Total cash value reported on Form 4: $0 (the filing does not state a cash amount; the grant may have a fair-market value for company accounting/recipient tax purposes)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: Reported on 2026-05-21 (same day as the transaction date in the filing header)

Context

• Awards of shares to directors are typically part of director compensation (stock grants or restricted stock) and do not necessarily indicate buying or selling sentiment by the insider.
• Because this was a grant (no cash outlay), it differs from an open-market purchase and should be interpreted as compensation or retention-related, not a direct bullish investment signal.