Form 4: LiveRamp CTO Sells Shares Under 10b5-1 Plan

LiveRamp Holdings, Inc.'s Chief Technology Officer, Mohsin Hussain, sold 12,734 shares of common stock for a weighted average price of $27.94.

Summary

• Mohsin Hussain, Chief Technology Officer of LiveRamp Holdings, Inc. (RAMP), sold 12,734 shares of the company's common stock.
• The transaction occurred on September 8, 2025.
• The shares were sold at a weighted average price of $27.94, with individual sales ranging from $27.93 to $27.99.
• Following this transaction, Mohsin Hussain beneficially owns 63,409 shares of LiveRamp common stock.
• The sale was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction disclosure, often pre-scheduled under a 10b5-1 plan, and does not inherently indicate positive or negative sentiment about the company's performance or future prospects.

Negatives

• An insider sale, even if pre-scheduled, can sometimes be perceived negatively by the market, though this is a relatively small percentage of the CTO's total holdings.

Future Outlook

No forward-looking statements or guidance are provided in this insider trading disclosure.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide specific industry context or trends. It reflects an individual executive's equity management rather than broader industry developments.

Stakeholder Impact

• Shareholders: Provides transparency regarding insider stock ownership and transactions. The sale represents a minor change in the overall outstanding shares and the CTO's total holdings.

Key Dates

Recommendation

The filing reports a routine, pre-scheduled insider sale of a relatively small portion of the CTO's holdings. This type of transaction, often executed under a Rule 10b5-1 plan, does not typically provide a strong signal for a change in investment thesis. Therefore, a 'hold' recommendation is appropriate as this event alone does not warrant a 'buy' or 'sell' decision.

Keywords

LiveRamp Holdings, RAMP, Mohsin Hussain, CTO, Insider Sale, Stock Transaction, Form 4, Equity, Technology, Data Connectivity