Form 4: LiveRamp CFO Lauren Dillard Reports Stock Transactions to Satisfy Tax Obligations
SEC Form 4 Filing
LiveRamp's CFO, Lauren Dillard, reported the disposal of shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On February 22, 2025, LiveRamp Holdings, Inc. CFO Lauren Dillard disposed of shares of common stock to cover tax obligations.
- The shares were withheld by the issuer to satisfy the reporting person's tax obligations that arose when restricted stock units vested.
- A total of 4,068 shares were disposed of at a price of $31.23 per share.
- Following the transactions, Dillard directly owns 225,032 shares of LiveRamp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects routine stock transactions by an executive to cover tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock transactions related to tax obligations from vested restricted stock units, which is a common practice.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of stock disposal to cover tax obligations from vesting of restricted stock units. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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