Form 4: LiveRamp CRO Vihan Sharma's RSU Vesting & Tax Withholding

LiveRamp's Chief Revenue Officer, Vihan Sharma, reported the vesting of restricted stock units and the subsequent withholding of shares for tax obligations.

Summary

• Vihan Sharma, Chief Revenue Officer of LiveRamp Holdings, Inc. (RAMP), reported changes in beneficial ownership via a Form 4 filing.
• On February 22, 2026, a total of 5,230 shares of common stock were withheld by the issuer.
• These shares were withheld to satisfy tax obligations that arose from the vesting of restricted stock units.
• The shares were valued at $25.64 per share for the purpose of the transaction.
• Following these transactions, Vihan Sharma directly beneficially owns 123,915 shares of LiveRamp common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine insider transaction related to executive compensation and tax obligations, with no direct impact on company operations or financial performance.

Positives

• The vesting of restricted stock units indicates continued executive compensation and retention for the Chief Revenue Officer.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that routine insider filings like Form 4s for RSU vesting and tax withholding are common across the technology sector, reflecting standard executive compensation practices and do not typically signal significant operational or strategic shifts.

Comparison to Industry Standards

• This transaction is a standard practice for executive compensation in publicly traded companies, where restricted stock units vest and a portion of shares are withheld to cover tax liabilities. This aligns with common compensation structures seen in technology companies like Salesforce, Adobe, and Microsoft, which frequently use RSUs as part of their executive incentive programs.

Related Party Transactions

• The transaction involves the withholding of shares by LiveRamp Holdings, Inc. from its Chief Revenue Officer, Vihan Sharma, to cover tax obligations upon RSU vesting, which is a standard compensation-related related party transaction.

Stakeholder Impact

• Shareholders: The vesting of RSUs and subsequent tax withholding is a routine event that has a negligible, pre-planned dilutive effect on outstanding shares, already factored into compensation plans.
• Employees: No direct impact on the broader employee base beyond the reporting executive.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction where shares were withheld for tax purposes upon the vesting of restricted stock units. Such transactions are standard executive compensation events and do not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this filing does not present new catalysts for buying or selling.

Keywords

LiveRamp Holdings, RAMP, Vihan Sharma, Chief Revenue Officer, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Beneficial Ownership