Company: HLI
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001302215-25-000084
Chunk: 29

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 29
---
5 who are employees of the Company) are not included in this table. None of Messrs. Adelson, Beiser, Carter, Gold, Siegert, or Preiser received any compensation for services as a director in fiscal 2025. Since June 10, 2024, Mr. Preiser has served as Vice Chairman of the Company, which is not an executive officer role. In his current role, he receives compensation under our Executive Officer Transition Program described below under “Executive Compensation.” Mr. Carter, while not an executive officer, is a Managing Director and Chairman of Global Technology of the Company. For that role, Mr. Carter receives a base salary and incentive compensation (consisting of cash and deferred compensation) commensurate with that role and broadly consistent with other senior bankers of the Company.

(2) Amounts reflect the full grant‑date fair value of common stock awards granted during the fiscal year computed in accordance with ASC Topic 718, rather than the amounts paid to or realized by the outside director. We provide information regarding the assumptions used to calculate the value of all stock awards made to directors in Note 14 – Employee Benefit Plans to our audited consolidated financial statements included in our most recent Form 10-K. As of March 31, 2025, our outside directors did not hold any unvested restricted shares or other equity-based awards.

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### EXECUTIVE COMPENSATION

### Compensation Discussion and Analysis
Effective June 10, 2024, Scott Adelson became the Chief Executive Officer of the Company; Scott Beiser, our prior Chief Executive Officer, became Co-Chairman, and thus remains as an executive officer of the Company; Irwin Gold, previously our Executive Chairman, became Co-Chairman; Eric Siegert became Co-Chairman; and David Preiser, who previously served as our Co-President, became Vice Chairman and is no longer an executive officer.

Our named executive officers for the fiscal year ended March 31, 2025 (the “NEOs” or “named executive officers”) are:

• Scott J. Adelson, Chief Executive Officer;

• Scott L. Beiser, Co-Chairman (former Chief Executive Officer);

• J. Lindsey Alley, Chief Financial Officer;

• Irwin N. Gold, Co-Chairman;

• P. Eric Siegert, Co-Chairman; and

• Christopher M. Crain, General Counsel and Secretary

Our executive compensation programs and policies remained substantially similar from