Form 4: LiveRamp CFO Lauren Dillard Reports Stock Transactions
SEC Form 4
Lauren Dillard, CFO of LiveRamp Holdings, Inc., reports the disposal of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On May 19, 2024, Lauren Dillard, the Chief Financial Officer of LiveRamp Holdings, Inc., disposed of 213 shares of common stock at a price of $33.16 per share to cover tax obligations.
- An additional 243 shares were disposed of on the same date and at the same price for the same reason.
- Following these transactions, Dillard directly owns 256,707 shares of LiveRamp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a standard reporting of stock transactions for tax purposes.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common among publicly traded companies.
Comparison to Industry Standards
- Executive stock transactions are a common occurrence in publicly traded companies.
- Similar transactions are regularly reported by executives at companies like Adobe (ADBE), Salesforce (CRM), and Oracle (ORCL).
- The scale of these transactions is typical for executives managing their equity compensation.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 05/19/2024 | Date of stock disposal for tax obligations. |
| 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.