Houlihan Lokey CFO receives new share grants
ALLEY J LINDSEY reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
ALLEY J LINDSEY reported acquisition or exercise transactions in this Form 4 filing.
HOULIHAN LOKEY, INC. reported that Chief Financial Officer Lindsey J. Alley received equity awards and restructured part of her holdings. On May 21, 2026, she was granted 3,778 shares of Class B Common Stock that vest in four equal annual installments. She was also granted 3,322 performance shares of Class B Common Stock that vest over four years only if revenue growth goals are met, with unearned installments forfeited. The same day, 7,100 Class B shares were deposited into the HL Voting Trust, while she retains investment control and dispositive power. Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis and has no expiration date.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ALLEY J LINDSEY
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS B COMMON STOCK | 3,778 | $0.00 | $0.00 |
| Grant/Award | CLASS B COMMON STOCK | 3,322 | $0.00 | $0.00 |
| Voting Trust | CLASS B COMMON STOCK | 7,100 | $0.00 | $0.00 |
Holdings After Transaction:
CLASS B COMMON STOCK — 7,100 contracts (Direct);
CLASS B COMMON STOCK — 74,472 contracts (Indirect, BY HL VOTING TRUST)
Footnotes (4)
- 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. On May 21, 2026, the Issuer granted 3,778 shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which vest in four equal annual installments following the grant date.
- F3. On May 21, 2026, the Issuer granted 3,322 performance shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which vest in four equal annual installments following the grant date if certain performance goals based upon revenue growth are achieved. If on vesting date such performance criteria are not achieved, the annual installment of shares will be forfeited.
- F4. Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust.
Key Figures
Voting trust deposit: 7,100 shares
Time-based Class B grant: 3,778 shares
Performance share grant: 3,322 shares
+1 more
4 metrics
Voting trust deposit
7,100 shares
Class B Common Stock deposited into HL Voting Trust
Time-based Class B grant
3,778 shares
Grant on May 21, 2026 vesting in four annual installments
Performance share grant
3,322 shares
Grant on May 21, 2026 with revenue growth performance conditions
Indirect Class B holdings
74,472 shares
Indirect Class B Common Stock after voting trust deposit
Key Terms
Class B Common Stock, Class A Common Stock, 2016 Incentive Award Plan, performance shares, +2 more
6 terms
Class B Common Stock financial
"Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class A Common Stock financial
"underlying_security_title": "CLASS A COMMON STOCK""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
2016 Incentive Award Plan financial
"granted 3,778 shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan"
Voting Trust financial
"Represents shares of Class B Common Stock deposited into the HL Voting Trust"
A voting trust is an arrangement where shareholders temporarily transfer their voting rights to one or more trusted individuals (trustees) who vote on company matters on their behalf. It matters to investors because it consolidates decision-making power—like handing the car keys to a single driver for a journey—which can stabilize leadership or push through strategic plans but also reduces individual shareholders’ direct influence and can affect the company’s direction and stock value.
Final Conversion Date financial
"automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did HLI CFO Lindsey J. Alley receive in this Form 4?
Lindsey J. Alley received two equity awards: 3,778 shares of Class B Common Stock vesting in four equal annual installments and 3,322 performance shares of Class B Common Stock that vest over four years if specified revenue growth targets are achieved; otherwise, unearned installments are forfeited.
What are Lindsey Alley’s indirect Class B holdings after the voting trust transaction?
Following the deposit of 7,100 Class B shares into the HL Voting Trust, Lindsey J. Alley is shown as indirectly holding 74,472 shares of Class B Common Stock. These shares are held through the voting trust structure, over which she retains investment and dispositive control according to the disclosure.
Are the equity transactions in HLI’s Form 4 open-market buys or sells?
No open-market buys or sells are reported. The filing describes one restructuring transaction, depositing 7,100 Class B shares into the HL Voting Trust, and two grant or award acquisitions of Class B shares to Lindsey J. Alley as part of Houlihan Lokey’s 2016 Incentive Award Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
