Walker Cyrus D. 4

What Happened Cyrus D. Walker, a director of Houlihan Lokey, received 996 shares on 2026-05-21 reported as an award/grant (Form 4 transaction code A). The shares were acquired at $0.00 per share (no cash paid listed), so this reflects an equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-21; filing date: 2026-05-21 (no late filing indicated).
• Action: Award/Grant (Form 4 code A); Shares acquired: 996; Price per share: $0.00.
• Total cash exchanged reported: $0.
• Shares owned after transaction: not specified in the provided filing details.
• No footnotes (e.g., tax withholding, 10b5-1 plan) were provided in the information supplied.

Context A code A entry typically indicates an equity award or grant (for example, restricted stock or stock units) as part of compensation or director pay. These awards are routine and do not represent a market purchase or sale, so they are less direct as a short-term bullish or bearish signal. For full context on why the award was granted or any vesting conditions, check the company’s proxy statement or press releases on director compensation.