Form 4: LiveRamp CTO Mohsin Hussain's Equity Compensation Vesting and Tax Withholding Detailed in Latest SEC Filing
Insider Transaction Report
LiveRamp Holdings, Inc.'s Chief Technology Officer, Mohsin Hussain, reported the vesting of performance stock units and restricted stock units, leading to an acquisition of shares and subsequent tax-related share withholdings.
Summary
- On May 22, 2025, Mohsin Hussain, Chief Technology Officer of LiveRamp Holdings, Inc. (RAMP), acquired 20,904 shares of common stock.
- These shares were earned through the vesting of performance stock units (PSUs) that were granted to Mr. Hussain in 2022 under the company's 2005 Equity Compensation Plan.
- Concurrently, a total of 16,150 shares were withheld by LiveRamp Holdings, Inc. to satisfy Mr. Hussain's tax obligations.
- The shares withheld for tax purposes included 7,800 shares related to the PSU vesting and an additional 8,350 shares (278 + 477 + 797 + 1,461 + 5,337) related to the vesting of restricted stock units (RSUs), all at a price of $33.5 per share.
- Following these transactions, Mr. Hussain's direct beneficial ownership of LiveRamp common stock increased from 92,391 shares to 97,145 shares.
Sentiment
Score: 6
Explanation: The document details a routine insider transaction involving equity compensation vesting and tax withholding. While there's a net increase in the executive's beneficial ownership, the event itself is standard and expected, not indicating significant positive or negative operational news for the company. The sentiment is slightly positive due to the successful vesting of performance-based awards.
Positives
- The acquisition of 20,904 shares indicates the successful vesting of performance stock units, suggesting that performance targets set in 2022 were met.
- Mohsin Hussain's beneficial ownership of LiveRamp common stock increased by 4,754 shares (from 92,391 to 97,145) after accounting for both acquisitions and tax withholdings, demonstrating continued alignment with shareholder interests.
Negatives
- A significant number of shares, 16,150, were withheld by the issuer to cover tax obligations, reducing the net shares received by the executive from the vesting events.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of an insider's equity compensation vesting and tax-related transactions. It does not provide broader insights into industry trends or competitive positioning, but rather reflects standard executive compensation practices within the technology and data connectivity sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding executive compensation and changes in insider ownership, which can be a factor in assessing management alignment.
- Employees: Reflects the company's equity compensation practices for executives, which may be indicative of broader compensation strategies.
Key Dates
| Date | Description |
|---|---|
| 05/22/2025 | Date of earliest transaction, including the vesting of performance stock units and restricted stock units, and subsequent share withholdings for tax obligations. |
| 05/27/2025 | Date the Form 4 was signed by Jerry C. Jones, Attorney-in-Fact for Mohsin Hussain. |
Keywords
LiveRamp Holdings Inc., RAMP, SEC Form 4, Insider Transaction, Performance Stock Units, Restricted Stock Units, Equity Compensation, Stock Vesting, Tax Withholding, Beneficial Ownership, Chief Technology Officer
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