Form 4: LiveRamp CRO Vihan Sharma Equity Vesting Disclosure

Chief Revenue Officer Vihan Sharma reported the vesting of performance stock units and subsequent tax withholding transactions.

Summary

• Vihan Sharma, Chief Revenue Officer of LiveRamp Holdings, Inc., acquired 50,273 shares of common stock upon the vesting of performance stock units (PSUs) granted in 2023.
• The company withheld 25,137 shares to satisfy tax obligations related to the PSU vesting.
• An additional 28,405 shares were earned via PSUs, with vesting contingent on continued employment until December 12, 2026.
• A total of 11,042 shares were withheld across multiple transactions to cover tax obligations related to the vesting of restricted stock units.
• Following these transactions, the reporting person holds 197,650 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive compensation and equity ownership.

Positives

• The transaction reflects the successful achievement of performance-based equity targets by a key executive.
• The executive maintains a significant equity stake of 197,650 shares, aligning interests with shareholders.

Negatives

• The transaction involved the disposal of shares to cover tax liabilities, which is a standard but routine reduction in direct holdings.

Risks

• Vesting of future equity is contingent upon the reporting person's continued employment with the issuer.

Future Outlook

The filing indicates that 28,405 shares earned via PSUs are scheduled to vest on December 12, 2026, subject to the reporting person's continued employment.

Management Comments

• The transactions were executed pursuant to the 2005 Equity Compensation Plan.

Industry Context

StockSavvy.ai notes that executive equity vesting disclosures are standard corporate governance requirements and generally do not signal a change in strategic direction or market sentiment.

Comparison to Industry Standards

• The use of performance stock units (PSUs) as a component of executive compensation is consistent with standard practices for publicly traded technology companies.
• Tax withholding via share reduction is a standard administrative procedure for equity-based compensation plans.

Stakeholder Impact

• No material impact on shareholders, employees, or creditors as this is a routine compensation-related disclosure.

Next Steps

• Vesting of 28,405 shares on December 12, 2026, contingent on continued employment.

Key Dates

Keywords

LiveRamp, RAMP, Insider Trading, Equity Compensation, Form 4, Chief Revenue Officer