HOULIHAN LOKEY, INC. — Form 8-K
Filed September 22, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 31/100
What the filing says
Houlihan Lokey's Board approved a Second Amended and Restated 2016 Incentive Award Plan effective upon stockholder approval, increasing the overall share limit by 12M shares plus annual increases of up to 1% of outstanding shares through April 2036. Simultaneously, Prabha Sipi Bhandari was appointed Chief Legal Officer effective immediately, succeeding Christopher Crain (General Counsel since 2004), who transitions to Corporate Senior Advisor.
Why this rating
Plan amendment is standard administrative governance; CLO transition is routine leadership change. Both ordinary for $11.2B company. No material financial impact disclosed.
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