Form 4: LiveRamp CRO Vihan Sharma Sells Shares for Tax Obligations

LiveRamp Holdings, Inc.'s Chief Revenue Officer, Vihan Sharma, disposed of 1,232 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 on December 22, 2025.
• 1,232 shares of common stock, with a par value of $0.10, were disposed of at a price of $30.19 per share.
• The disposition was a mandatory withholding by the Issuer to satisfy tax obligations arising from the vesting of restricted stock units (RSUs) on December 22, 2025.
• Following this transaction, Vihan Sharma beneficially owns 129,145 shares of LiveRamp Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax purposes, which is neither inherently positive nor negative for the company's fundamentals or future prospects.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which does not directly reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine tax-related transaction by an insider and does not indicate a discretionary sale based on market sentiment or company performance.

Key Dates

Recommendation

This Form 4 details a routine disposition of shares by an insider to cover tax obligations upon RSU vesting. It does not reflect a discretionary sale based on market outlook or company performance, and therefore, does not provide new information to alter an existing investment recommendation.

Keywords

LiveRamp, RAMP, Vihan Sharma, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, RSU