Todd J. Carter resigned from the board of directors of Houlihan Lokey, Inc. on October 2, 2026, effective immediately. The financial advisory firm disclosed the departure in a Form 8-K filed with the U.S. Securities and Exchange Commission. Houlihan Lokey stated that Mr. Carter's decision to resign was not the result of any disagreement with the company on any matter relating to its operations, policies, or practices.

Houlihan Lokey, Inc. is a Delaware corporation headquartered in Los Angeles, California. The company's Class A Common Stock trades on the New York Stock Exchange under the ticker symbol HLI. The firm is not classified as an emerging growth company under current securities regulations.

The Form 8-K report was signed on October 5, 2026, by Prabha S. Bhandari, who serves as the Chief Legal Officer and Secretary of Houlihan Lokey. The filing specifically addresses Item 5.02, which covers the departure of directors or certain officers, as well as the election or appointment of directors and officers and their compensatory arrangements. The document confirms that no other changes in board composition or executive appointments were reported in this specific filing.