Houlihan Lokey, Inc. (HLI) · Insider trading
What Houlihan Lokey's directors, officers and largest holders bought and sold themselves, from the Form 4 each of them files with the SEC within two business days of a trade. Open-market purchases and sales first: those are the trades somebody chose to make at the market price.
Bought, 12 months
$500,570
1 insider, 1 trade
Sold, 12 months
$2.09M
3 insiders, 8% under a plan
Net, 12 months
−$1.59M
bought less sold
Latest filing
2026-10-02
filings read to 2026-10-19
Who traded, two years
| Insider | Bought | Sold | Trades | Last trade | Holds after |
|---|---|---|---|---|---|
| Siegert Paul EricCO-CHAIRMAN | – | $8.00M | 1 | 2025-08-27 | 0 |
| Gold IrwinDirector, CO-CHAIRMAN, 10% owner | – | $3.25M | 3 | 2025-09-16 | 0 |
| Alley J LindseyChief Financial Officer | $500,570 | $2.32M | 2 | 2026-08-03 | 4,020 |
| Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | – | $2.37M | 2 | 2026-05-21 | 0 |
| Crain Christopher MGENERAL COUNSEL | – | $948,405 | 6 | 2026-09-10 | 0 |
| Schriesheim Robert ADirector | – | $854,300 | 1 | 2026-02-06 | 27,982 |
| Zucker Gillian BethDirector | – | $313,958 | 9 | 2025-07-14 | 5,533 |
Open-market purchases and sales
Newest first. “Plan” marks a trade made under a 10b5-1 plan set up in advance.
| Date | Insider | Trade | Shares | Price | Value | Holds after | Filing |
|---|---|---|---|---|---|---|---|
| 2026-09-10 | Crain Christopher MGENERAL COUNSEL | Sale | 1,000 | 140.15 | $140,150 | 0 | Form 4 |
| 2026-08-03 | Alley J LindseyChief Financial Officer | Buy | 4,020 | 124.52 | $500,570 | 4,020 | Form 4 |
| 2026-05-21 | Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | Sale | 6,265 | 150.26 | $941,379 | 0 | Form 4 |
| 2026-04-01 | Crain Christopher MGENERAL COUNSEL | Saleplan | 500 | 143.40 | $71,700 | 0 | Form 4 |
| 2026-02-06 | Schriesheim Robert ADirector | Sale | 5,000 | 170.86 | $854,300 | 27,982 | Form 4 |
| 2026-01-02 | Crain Christopher MGENERAL COUNSEL | Saleplan | 500 | 174.17 | $87,085 | 0 | Form 4 |
| 2025-09-16 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Sale | 6,811 | 202.75 | $1.38M | 0 | Form 4 |
| 2025-09-02 | Crain Christopher MGENERAL COUNSEL | Saleplan | 500 | 196.22 | $98,110 | 0 | Form 4 |
| 2025-08-27 | Siegert Paul EricCO-CHAIRMAN | Sale | 40,000 | 199.95 | $8.00M | 0 | Form 4 |
| 2025-07-14 | Zucker Gillian BethDirector | Saleplan | 200 | 191.65 | $38,330 | 5,533 | Form 4 |
| 2025-06-30 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Sale | 5,000 | 182.81 | $914,050 | 0 | Form 4 |
| 2025-06-13 | Zucker Gillian BethDirector | Saleplan | 200 | 174.37 | $34,874 | 5,733 | Form 4 |
| 2025-06-02 | Crain Christopher MGENERAL COUNSEL | Saleplan | 500 | 173.02 | $86,510 | 0 | Form 4 |
| 2025-05-19 | Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | Sale | 8,008 | 178.71 | $1.43M | 0 | Form 4 |
| 2025-05-13 | Zucker Gillian BethDirector | Saleplan | 200 | 178.46 | $35,692 | 5,201 | Form 4 |
| 2025-04-14 | Zucker Gillian BethDirector | Saleplan | 200 | 154.41 | $30,882 | 5,401 | Form 4 |
| 2025-03-13 | Zucker Gillian BethDirector | Saleplan | 200 | 158.27 | $31,654 | 5,601 | Form 4 |
| 2025-02-13 | Zucker Gillian BethDirector | Saleplan | 200 | 178.97 | $35,794 | 5,801 | Form 4 |
| 2025-01-13 | Zucker Gillian BethDirector | Saleplan | 200 | 165.63 | $33,126 | 6,001 | Form 4 |
| 2024-12-13 | Zucker Gillian BethDirector | Saleplan | 200 | 180.57 | $36,114 | 6,201 | Form 4 |
| 2024-11-25 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Sale | 5,000 | 190.50 | $952,500 | 0 | Form 4 |
| 2024-11-13 | Zucker Gillian BethDirector | Saleplan | 200 | 187.46 | $37,492 | 6,401 | Form 4 |
| 2024-11-08 | Crain Christopher MGENERAL COUNSEL | Sale | 2,500 | 185.94 | $464,850 | 0 | Form 4 |
| 2024-11-07 | Alley J LindseyChief Financial Officer | Sale | 12,500 | 185.49 | $2.32M | 0 | Form 4 |
Grants, exercises and other transactions
Pay, tax and paperwork rather than a choice to trade at the market price. Two years.
19 × conversion14 × grant or award7 × gift
Show them
| Date | Insider | What | Shares | Price | Holds after | Filing |
|---|---|---|---|---|---|---|
| 2026-10-01 | Reichert ThomasDirector | Grant or award A | +925 | – | 925 | Form 4 |
| 2026-09-10 | Crain Christopher MGENERAL COUNSEL | Conversion C | +1,000 | – | 1,000 | Form 4 |
| 2026-05-21 | Mund Ronald ScottDirector | Grant or award A | +476 | – | 969 | Form 4 |
| 2026-05-21 | Schriesheim Robert ADirector | Grant or award A | +1,129 | – | 29,111 | Form 4 |
| 2026-05-21 | Zuber Paul AndrewDirector | Grant or award A | +797 | – | 7,005 | Form 4 |
| 2026-05-21 | Zucker Gillian BethDirector | Grant or award A | +996 | – | 6,529 | Form 4 |
| 2026-05-21 | Bassey Ekpedeme MDirector | Grant or award A | +797 | – | 6,424 | Form 4 |
| 2026-05-21 | Walker Cyrus D.Director | Grant or award A | +996 | – | 7,111 | Form 4 |
| 2026-05-21 | Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | Conversion C | +6,265 | – | 6,265 | Form 4 |
| 2026-04-01 | Crain Christopher MGENERAL COUNSEL | Conversion C | +500 | – | 500 | Form 4 |
| 2026-01-02 | Crain Christopher MGENERAL COUNSEL | Conversion C | +500 | – | 500 | Form 4 |
| 2025-12-05 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Conversion C | +5,000 | – | 5,000 | Form 4 |
| 2025-12-05 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Gift G | −5,000 | – | 0 | Form 4 |
| 2025-11-26 | Crain Christopher MGENERAL COUNSEL | Conversion C | +1,200 | – | 1,200 | Form 4 |
| 2025-11-26 | Crain Christopher MGENERAL COUNSEL | Gift G | −1,200 | – | 0 | Form 4 |
| 2025-11-10 | Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | Conversion C | +8,000 | – | 8,000 | Form 4 |
| 2025-11-10 | Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | Gift G | −8,000 | – | 0 | Form 4 |
| 2025-10-01 | Mund Ronald ScottDirector | Grant or award A | +483 | – | 483 | Form 4 |
| 2025-09-16 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Conversion C | +6,811 | – | 6,811 | Form 4 |
| 2025-09-02 | Crain Christopher MGENERAL COUNSEL | Conversion C | +500 | – | 500 | Form 4 |
| 2025-08-27 | Siegert Paul EricCO-CHAIRMAN | Conversion C | +40,000 | – | 40,000 | Form 4 |
| 2025-06-30 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Conversion C | +5,000 | – | 5,000 | Form 4 |
| 2025-06-26 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Gift G | −5,000 | – | 0 | Form 4 |
| 2025-06-24 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Conversion C | +5,000 | – | 5,000 | Form 4 |
| 2025-06-02 | Crain Christopher MGENERAL COUNSEL | Conversion C | +500 | – | 500 | Form 4 |
| 2025-05-22 | Schriesheim Robert ADirector | Grant or award A | +845 | – | 32,982 | Form 4 |
| 2025-05-22 | Kosecoff Jacqueline BDirector | Grant or award A | +563 | – | 15,316 | Form 4 |
| 2025-05-22 | Zuber Paul AndrewDirector | Grant or award A | +563 | – | 6,208 | Form 4 |
| 2025-05-22 | Zucker Gillian BethDirector | Grant or award A | +732 | – | 5,933 | Form 4 |
| 2025-05-22 | Bassey Ekpedeme MDirector | Grant or award A | +563 | – | 5,627 | Form 4 |
| 2025-05-22 | Walker Cyrus D.Director | Grant or award A | +732 | – | 6,115 | Form 4 |
| 2025-05-19 | Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | Conversion C | +8,008 | – | 8,008 | Form 4 |
| 2025-05-19 | Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | Conversion C | +15,000 | – | 15,000 | Form 4 |
| 2025-05-19 | Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | Gift G | −15,000 | – | 0 | Form 4 |
| 2024-11-25 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Conversion C | +5,000 | – | 5,000 | Form 4/A |
| 2024-11-25 | Gold IrwinDirector, CO-CHAIRMAN, 10% owner | Gift G | −5,000 | – | 0 | Form 4/A |
| 2024-11-08 | Crain Christopher MGENERAL COUNSEL | Conversion C | +2,500 | – | 2,500 | Form 4 |
| 2024-11-07 | Alley J LindseyChief Financial Officer | Conversion C | +12,500 | – | 12,500 | Form 4 |
| 2024-11-06 | Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | Conversion C | +15,000 | – | 15,000 | Form 4 |
| 2024-11-06 | Beiser Scott LDirector, CO-CHAIRMAN, 10% owner | Gift G | −15,000 | – | 0 | Form 4 |
How to read it
- Buy, sale
- Code P and S on the form: shares bought or sold in the market, at the market price. The other codes are mostly pay (a grant, an option exercised) or tax (shares the company withheld), and say little about what the insider thinks of the price.
- Plan
- A sale or purchase under a Rule 10b5-1 plan, set up in advance and running on its own schedule. Since April 2023 the form has a box for it. Much executive selling is planned and says more about diversifying than about the company.
- Holds after
- The shares the insider still held after the trade, in the form the trade was in (directly, or indirectly through a trust or a fund).
- Value
- Shares times the price the form reports, which is often an average over several fills on the day.
Read from the SEC's own quarterly data sets of Forms 3, 4 and 5, and from each day's filings since the last one. A correcting amendment replaces the lines it restates. Every row links to its filing. None of this is advice: insiders sell for many reasons, and buy for fewer.