Form 4: LiveRamp CEO Scott Howe Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
LiveRamp Holdings CEO Scott Howe disposed of shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On August 22, 2024, LiveRamp Holdings CEO Scott E. Howe disposed of shares of common stock to satisfy tax obligations.
- The disposals were related to the vesting of restricted stock units.
- The transactions were executed at a price of $25.38 per share.
- Following the reported transactions, Howe directly owns 978,537 shares of LiveRamp common stock and indirectly owns 3,148.0113 shares through a managed account.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing related to stock disposals for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and are required by the SEC to ensure transparency in insider trading.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of stock disposal to cover tax obligations. |
| 08/23/2024 | Date of signature on the Form 4 filing. |
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