Houlihan Lokey (HLI) CFO Alley J Lindsey Buys 4,020 Shares

What Happened
Alley J Lindsey, Chief Financial Officer of Houlihan Lokey, purchased 4,020 shares of HLI common stock in open-market transactions on August 3, 2026. The filing reports a weighted-average price of $124.52 per share, for a total purchase value of approximately $500,570. This was a purchase (insider buy), which many investors view as a positive signal but does not by itself prove a change in company outlook.

Key Details

• Transaction type: Open-market purchase (code P)
• Transaction date: August 3, 2026; Form 4 filed August 5, 2026 (filed within the normal 2-business-day window)
• Shares acquired: 4,020 shares; weighted-average price reported $124.52; total value ≈ $500,570
• Price range footnote: per-share price reflects a weighted average across purchases priced between $122.96 and $126.07. The reporting person will provide a breakdown of amounts at each price upon request (Footnote F1).
• Shares owned after the transaction: not specified in the provided filing

Context
This was an open-market purchase using personal funds (not an option exercise or award). Open-market insider purchases are often watched by retail investors as a straightforward signal of insiders buying stock, but they are only one datapoint — filings do not state the insider’s motivation.