Form 4: LiveRamp CFO Lauren Dillard Sells Shares to Cover Tax Obligations

LiveRamp's Chief Financial Officer, Lauren Dillard, sold a portion of her shares to cover tax obligations arising from the vesting of restricted stock units.

Summary

• Lauren Dillard, the Chief Financial Officer of LiveRamp Holdings, Inc., sold shares of common stock on November 22, 2024.
• The sales were executed to cover tax obligations related to the vesting of restricted stock units.
• A total of 14,338 shares were sold at a price of $30.71 per share.
• Following these transactions, Ms. Dillard directly owns 230,851 shares of LiveRamp common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax liabilities when restricted stock units vest.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
• The sale of shares by Ms. Dillard is consistent with standard procedures for executives managing their equity compensation.
• Similar transactions are regularly reported by executives at comparable tech companies.

Stakeholder Impact

• The stock sale has a minor impact on the total outstanding shares of the company.
• The transaction is not expected to have a significant impact on the company's operations or financial performance.

Key Dates

Keywords

LiveRamp, Lauren Dillard, insider trading, stock sale, tax obligations, restricted stock units, Form 4, executive compensation