CRAIN CHRISTOPHER M 4
4 · HOULIHAN LOKEY, INC. · Filed Jan 5, 2026
Insider Transaction Report
Form 4
CRAIN CHRISTOPHER M
GENERAL COUNSEL
Transactions
- Conversion
CLASS A COMMON STOCK
2026-01-02+500→ 500 total - Sale
CLASS A COMMON STOCK
2026-01-02$174.17/sh−500$87,085→ 0 total - Conversion
CLASS B COMMON STOCK
2026-01-02−500→ 0 total→ CLASS A COMMON STOCK (500 underlying)
Holdings
- 51,738(indirect: By Trust)
CLASS B COMMON STOCK
→ CLASS A COMMON STOCK (51,738 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]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024.
- [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.