Form 4: LiveRamp CFO Lauren Dillard Reports Stock Disposals for Tax Obligations
SEC Form 4
Lauren Dillard, CFO of LiveRamp Holdings, Inc., reports the disposal of shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On May 22, 2024, Lauren Dillard, the Chief Financial Officer of LiveRamp Holdings, Inc., disposed of shares of common stock to cover tax obligations.
- A total of 4,289 shares were disposed of at a price of $32.34 per share.
- These disposals were related to the vesting of restricted stock units.
- Following these transactions, Dillard directly owns 252,418 shares of LiveRamp Holdings, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports a routine transaction related to tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of stock disposal to cover tax obligations. |
| 05/23/2024 | Date of signature for the Form 4 filing. |
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