Form 4: LiveRamp CRO Sells Shares for Tax Obligations
Insider Transaction Report
LiveRamp Holdings' Chief Revenue Officer, Vihan Sharma, disposed of 1,231 shares of common stock to cover tax obligations related to vested restricted stock units.
Summary
- Vihan Sharma, Chief Revenue Officer of LiveRamp Holdings, Inc. (RAMP), reported a transaction involving the company's common stock.
- On September 22, 2025, 1,231 shares of common stock were disposed of.
- The shares were withheld by the issuer at a price of $28.4 per share to satisfy tax obligations.
- This transaction occurred upon the vesting of restricted stock units belonging to Mr. Sharma.
- Following the transaction, Mr. Sharma beneficially owns 135,608 shares of common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax-related disposal of shares following RSU vesting, which is a neutral event for company fundamentals and does not indicate a change in management's outlook or company performance.
Positives
- Vesting of restricted stock units indicates continued employment and potential performance-based compensation for the Chief Revenue Officer.
Negatives
- Chief Revenue Officer Vihan Sharma disposed of 1,231 shares of common stock.
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
This filing is specific to an individual insider transaction and does not provide broader industry context or trends.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Minor reduction in insider ownership, but for a routine tax purpose, generally not impacting investment thesis.
- Employees: No direct impact on the broader employee base.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 09/22/2025 | Restricted stock units vested, leading to tax obligations and subsequent share disposal. |
| 09/23/2025 | Form 4 filed with the SEC. |
Recommendation
holdThe Form 4 reports a routine transaction where the Chief Revenue Officer disposed of shares to cover tax obligations upon the vesting of restricted stock units. This is a standard compensation event and does not reflect a change in the company's fundamentals or the officer's confidence in the company, thus warranting a 'hold' recommendation based solely on this filing.
Keywords
LiveRamp, RAMP, Vihan Sharma, Chief Revenue Officer, CRO, insider transaction, Form 4, SEC filing, stock disposal, restricted stock units, RSU, tax withholding
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