Form 4: LiveRamp CEO Scott Howe Reports Stock Transaction
SEC Form 4
LiveRamp Holdings CEO Scott E. Howe reports the withholding of 1,571 shares to cover tax obligations related to vested restricted stock units.
Summary
- On May 19, 2024, LiveRamp Holdings CEO Scott E. Howe had 1,571 shares of common stock withheld by the issuer to satisfy tax obligations.
- These obligations arose from the vesting of restricted stock units belonging to Howe.
- The price per share for the transaction was $33.16.
- Following the transaction, Howe directly owns 1,014,009 shares of LiveRamp common stock.
- Howe also indirectly owns 3,148.0113 shares through a managed account.
Sentiment
Score: 7
Explanation: The document is a standard SEC filing detailing a routine stock transaction related to tax obligations. It doesn't indicate any significant positive or negative sentiment, but reflects normal executive compensation practices.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It's common for companies to withhold shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minor impact on the total number of outstanding shares, but is unlikely to significantly affect shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/19/2024 | Date of stock transaction (withholding of shares for tax obligations) and vesting of restricted stock units. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.