Form 4: LiveRamp Chief Revenue Officer Reports Routine Stock Vesting and Tax-Related Share Sales

LiveRamp Holdings, Inc.'s Chief Revenue Officer, Vihan Sharma, reported the vesting of performance and restricted stock units and subsequent tax-related share withholdings on May 22, 2025.

Summary

• Vihan Sharma, LiveRamp's Chief Revenue Officer, acquired 19,596 shares of common stock on May 22, 2025, resulting from the vesting of Performance Stock Units (PSUs) granted in 2022.
• Concurrently, 9,800 shares were withheld by LiveRamp to cover tax obligations arising from the PSU vesting.
• An additional 14,358 shares were withheld by LiveRamp to satisfy tax obligations from the vesting of Restricted Stock Units (RSUs) on the same date.
• All tax-related share disposals occurred at a price of $33.50 per share.
• Following these transactions, Vihan Sharma's direct beneficial ownership stands at 143,301 shares of LiveRamp common stock.

Sentiment

Score: 6

Explanation: The document reports routine equity compensation vesting and associated tax withholdings, which is a neutral event. The vesting itself is positive for the executive, but the tax sales are a standard part of the process and not indicative of negative sentiment towards the company.

Positives

• The vesting of 19,596 Performance Stock Units (PSUs) indicates the achievement of performance targets set in 2022, reflecting positive executive performance.
• The vesting of Restricted Stock Units (RSUs) also reflects continued tenure and the ongoing value of equity compensation for the executive.

Negatives

• A total of 24,158 shares were disposed of to cover tax obligations, representing a reduction in the executive's direct beneficial ownership, though this is a standard practice for equity compensation.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider's equity transactions, specifically related to compensation vesting. It does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The report indicates routine equity compensation practices for an executive, which is a standard part of executive incentive alignment. The tax-related sales are a common occurrence and do not necessarily reflect a change in the executive's long-term commitment or view of the company.

Key Dates

Recommendation

Keywords

LiveRamp Holdings Inc, RAMP, Vihan Sharma, Chief Revenue Officer, Form 4, SEC filing, beneficial ownership, stock vesting, Performance Stock Units, Restricted Stock Units, insider transaction, equity compensation, tax withholding