Form 4: LiveRamp Director Acquires Shares as Part of Compensation
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
| Date | Description |
|---|---|
| 11/14/2024 | Date of the share acquisition by Charles Brian O'Kelley. |
| 11/15/2024 | Date of the signature on the Form 4 filing. |
Keywords
LiveRamp, Director, Share Acquisition, Compensation, Stock, Form 4, Insider Trading
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