Form 4: LiveRamp CEO Sells Shares for Tax Obligations

LiveRamp Holdings CEO Scott E. Howe disposed of shares to cover tax liabilities arising from vested restricted stock units.

Summary

• Scott E. Howe, Chief Executive Officer and Director of LiveRamp Holdings, Inc. (RAMP), reported transactions on February 22, 2026.
• A total of 6,441 shares of common stock were disposed of through two separate transactions (3,689 shares and 2,752 shares).
• The shares were disposed of at a price of $25.64 per share.
• These shares were withheld by the Issuer to satisfy the reporting person's tax obligations that arose when restricted stock units vested.
• Following these transactions, Scott E. Howe directly beneficially owns 1,106,659 shares and indirectly owns 3,148.0113 shares through a managed account.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard tax-related transaction for executive equity compensation rather than a discretionary sale or a reflection of company performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as the sale of shares to cover tax obligations upon the vesting of restricted stock units, are common for executives receiving equity compensation. These types of transactions generally do not signal a change in company fundamentals or management's long-term outlook, aligning with standard practices across the technology and data connectivity industry.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction related to executive compensation and not indicative of a change in company fundamentals.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by the CEO to cover tax obligations upon the vesting of restricted stock units. Such transactions are common for executives and do not typically indicate a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this filing.

Keywords

LiveRamp, RAMP, Form 4, Insider Transaction, Scott E. Howe, CEO, Restricted Stock Units, Tax Withholding, Equity Compensation