Form 4: LiveRamp CRO Vihan Sharma's Tax-Related Stock Sale

LiveRamp Holdings, Inc.'s Chief Revenue Officer, Vihan Sharma, reported the sale of 5,231 shares of common stock to cover tax liabilities arising from restricted stock unit vesting on November 22, 2025.

Summary

• Vihan Sharma, Chief Revenue Officer of LiveRamp Holdings, Inc. (RAMP), reported transactions involving the company's common stock.
• On November 22, 2025, a total of 5,231 shares of common stock were disposed of.
• These shares were withheld by LiveRamp Holdings, Inc. to satisfy Vihan Sharma's tax obligations.
• The tax obligations arose from the vesting of restricted stock units (RSUs) on the same date.
• The shares were disposed of at a price of $28.78 per share.
• Following these transactions, Vihan Sharma beneficially owns 130,377 shares of common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction related to tax obligations from RSU vesting, which is a neutral event for the company's operational or financial performance.

Positives

• The vesting of restricted stock units (RSUs) indicates a compensation event for the Chief Revenue Officer, reflecting continued employment and performance incentives.
• The transaction is a standard practice for covering tax liabilities associated with RSU vesting, not a discretionary sale by the insider.

Negatives

• The reduction in direct beneficial ownership by 5,231 shares, although for tax purposes, slightly decreases the insider's direct stake in the company.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a tax-related sale following RSU vesting. It does not provide information to assess broader industry trends or competitive landscape for LiveRamp Holdings, Inc. The transaction itself is a common occurrence across all industries for executives receiving equity compensation.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.

Key Dates

Keywords

LiveRamp Holdings, RAMP, Vihan Sharma, Chief Revenue Officer, Insider Trading, Form 4, SEC Filing, Stock Sale, Restricted Stock Units, RSU Vesting, Tax Obligations, Corporate Governance