Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Houlihan Lokey (HLI)

Houlihan Lokey adds R. Scott Mund as independent director, board expands to eleven

Neutral Impact 2 of 5 leadership Written later

Houlihan Lokey's board increased its size from ten to eleven seats and appointed R. Scott Mund, a Deloitte partner, as an independent Class II director effective October 1, 2025. Mr. Mund joins the Nominating and Corporate Governance Committee and receives a restricted stock award valued at $100,000 under the company's director compensation program.

Key points

  • Board size increased from ten to eleven, effective October 1, 2025
  • R. Scott Mund appointed independent Class II director and member of the Nominating and Corporate Governance Committee
  • Mr. Mund is a partner at Deloitte LLP, which he joined in 2002
  • Restricted class A common stock award valued at $100,000, vesting over three anniversaries of the grant date

The filing

CompanyHoulihan Lokey (HLI)
Form8-K, current report
Filed with the SECOct 6, 2025, 4:22 PM ET
Accession number0001193125-25-231919

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.