secwatch.observer — SEC 8-K summary
======================================

Issuer:     HOULIHAN LOKEY, INC. (HLI)
CIK:        0001302215
Form:       8-K
Filed at:   2026-09-22T21:15:14+00:00
Accession:  0001193125-26-398130
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HLI appoints Prabha Bhandari as CLO, elects Thomas Reichert to board; shareholders approve amended equity plan
--------------------------------------------------------------------------------

- Bhandari named Chief Legal Officer & Secretary, succeeding Christopher Crain (retires to Senior Advisor); she joins from Paychex where she was CLO.
- Thomas Reichert elected independent Class I director effective Oct 1, 2026; will join Audit and Nominating committees; receives $120k restricted stock award.
- Stockholders approved Second Amended 2016 Incentive Award Plan: 12M shares reserved, auto annual increase cut from 6% to 1%, no fixed expiration.
- At annual meeting, say-on-pay passed 193.9M for vs 10.6M against; KPMG ratified; all three Class II directors re-elected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1302215/000119312526398130/0001193125-26-398130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1302215/000119312526398130/d916717d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-398130

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer