Form 4: LiveRamp Director Acquires Shares as Part of Compensation

Sentiment:

SEC Form 4 Filing


LiveRamp Holdings director Charles Brian O'Kelley acquired 2,022 shares of common stock as part of his compensation for service as a director.

Summary

  • Charles Brian O'Kelley, a director at LiveRamp Holdings, acquired 2,022 shares of the company's common stock.
  • The shares were issued as part of his compensation for serving as a director.
  • The transaction occurred on November 14, 2024.
  • Following the transaction, Mr. O'Kelley directly owns 9,622 shares of LiveRamp stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of a director receiving stock as part of their compensation, which is generally viewed positively as it aligns interests with shareholders. There are no negative implications.

Positives

  • The acquisition of shares by a director demonstrates alignment of interests with shareholders.
  • The compensation structure incentivizes the director to contribute to the company's success.

Industry Context

This type of transaction is common for directors of publicly traded companies, as stock-based compensation is a typical way to align their interests with those of shareholders.

Comparison to Industry Standards

  • Stock grants to directors are a standard practice across publicly traded companies, including those in the technology sector like LiveRamp.
  • Companies such as Adobe, Salesforce, and Oracle also use stock-based compensation for their board members.
  • The number of shares granted is typical for director compensation, but the specific value depends on the company's stock price and compensation policies.

Stakeholder Impact

  • The share acquisition by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.
  • The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
11/14/2024Date of the share acquisition by Charles Brian O'Kelley.
11/15/2024Date of the signature on the Form 4 filing.

Keywords

LiveRamp, Director, Share Acquisition, Compensation, Stock, Form 4, Insider Trading

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