Ronald Scott Mund - 01 Oct 2025 Form 4 Insider Report for HOULIHAN LOKEY, INC. (HLI)

Role: Director
Signature: /s/ Christopher Crain, Attorney-in-Fact for Ronald Scott Mund
Issuer symbol: HLI
Transactions as of: 01 Oct 2025
Net transactions value: $0
Form type: 4
Filing time: 14 Oct 2025, 06:15:06 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Mund Ronald Scott	Director	C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES	/s/ Christopher Crain, Attorney-in-Fact for Ronald Scott Mund	13 Oct 2025	0002090983

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HLI	Class A Common Stock	Award	$0	+483		$0.000000	483	01 Oct 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the award of restricted shares of Class A Common Stock under the Company's Amended and Restated 2016 Incentive Award Plan that vest in substantially equal installments on the first, second and third anniversaries of the grant date, subject to the Reporting Person's continuing service through the applicable vesting date.