Form 4: LiveRamp Director Acquires 1,911 Shares

LiveRamp Holdings, Inc. Director Clark M. Kokich acquired 1,911 shares of common stock as compensation.

Summary

• Director Clark M. Kokich acquired 1,911 shares of LiveRamp Holdings, Inc. common stock.
• The shares were acquired on August 13, 2025, at a price of $0 per share.
• This acquisition is part of his compensation for service as a director of the registrant.
• Following this transaction, Kokich beneficially owns 100,160 shares of LiveRamp common stock directly.

Sentiment

Score: 7

Explanation: The filing indicates a routine, positive event where a director increases their stake in the company through compensation, aligning interests with shareholders. There are no negative implications or risks disclosed.

Positives

• Director Clark M. Kokich increased his direct ownership in LiveRamp Holdings, Inc. by 1,911 shares, demonstrating continued alignment with shareholder interests.
• The acquisition of shares as compensation reinforces the company's practice of equity-based incentives for its directors.

Negatives

• No direct negatives are apparent from this routine Form 4 filing detailing director compensation.

Risks

• No specific risks are mentioned in this Form 4 filing, which primarily reports a change in beneficial ownership.

Future Outlook

This filing is a routine disclosure of director compensation and does not contain forward-looking statements or guidance regarding the company's future performance or strategic outlook.

Management Comments

• These shares were issued to the reporting person as part of his compensation for service as a director of the registrant.

Industry Context

This Form 4 filing is a standard regulatory disclosure of insider transactions. It reflects a common practice in the technology and data connectivity industry, where equity compensation is frequently used to align the interests of directors and executives with those of shareholders. Such routine compensation grants do not typically indicate broader industry trends or competitive shifts.

Comparison to Industry Standards

• The grant of common stock as director compensation is a standard practice across publicly traded companies, particularly in the technology sector.
• While specific compensation amounts vary by company size and director responsibilities, the use of equity to incentivize long-term commitment is a widely adopted benchmark.
• No specific comparable companies or projects are detailed in this filing, as it focuses solely on an individual director's compensation.

Related Party Transactions

• The acquisition of 1,911 shares by Director Clark M. Kokich at a $0 price constitutes a related party transaction, as these shares were issued as compensation for his service as a director.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to increased equity ownership.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Next Steps

• No specific future actions or milestones are mentioned beyond the reported transaction.

Key Dates

Recommendation

This Form 4 filing reports a routine equity grant to a director as part of their compensation. While it shows continued alignment of interests between the director and shareholders, it does not provide new material information about the company's financial performance, strategic direction, or market position that would warrant a change in investment recommendation. It is a standard disclosure with no immediate implications for stock valuation beyond confirming ongoing governance practices.

Keywords

LiveRamp Holdings, RAMP, SEC Form 4, Insider Trading, Director Compensation, Stock Acquisition, Beneficial Ownership, Equity Incentive