Form 4: LiveRamp CFO Lauren Dillard Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Lauren Dillard, CFO of LiveRamp Holdings, Inc., reports the disposal of 1,751 shares to cover tax obligations arising from vested restricted stock units.
Summary
- On January 14, 2025, Lauren Dillard, the Chief Financial Officer of LiveRamp Holdings, Inc., disposed of 1,751 shares of common stock to satisfy tax obligations.
- The shares were withheld by the issuer at a price of $29.91 per share.
- Following the transaction, Dillard directly owns 229,100 shares of LiveRamp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for company 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 small percentage of the CFO's holdings.
Key Dates
| Date | Description |
|---|---|
| 01/14/2025 | Date of stock disposal and vesting of restricted stock units. |
| 01/15/2025 | Date of signature on the Form 4 filing. |
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