Form 4: LiveRamp CFO Lauren R. Dillard Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Lauren R. Dillard, CFO of LiveRamp Holdings, Inc., reports the disposal of 1,521 shares to cover tax obligations arising from vested restricted stock units.
Summary
- On April 14, 2024, Lauren R. Dillard, the Chief Financial Officer of LiveRamp Holdings, Inc., disposed of 1,521 shares of common stock.
- The disposal was executed to satisfy tax obligations related to the vesting of restricted stock units.
- The shares were withheld by the issuer at a price of $33.69 per share.
- Following the transaction, Dillard directly owns 194,526 shares of LiveRamp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices. It doesn't indicate positive or negative sentiment towards the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for company executives to dispose of shares to cover taxes when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 04/14/2024 | Date of transaction: Disposal of shares to cover tax obligations from vesting of restricted stock units. |
| 04/15/2024 | Date of signature on the Form 4 filing. |
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