Form 4: LiveRamp Director Acquires Shares as Part of Compensation
SEC Form 4
Clark M. Kokich, a director at LiveRamp Holdings, Inc., acquired 1,758 shares of common stock as part of his compensation.
Summary
- Clark M. Kokich, a director of LiveRamp Holdings, Inc., acquired 1,758 shares of the company's common stock on November 14, 2024.
- These shares were granted as part of his compensation for serving as a director.
- The acquisition was a direct transaction, increasing his total holdings to 95,086 shares.
Sentiment
Score: 7
Explanation: The document reflects a standard transaction of a director receiving stock as part of their compensation, which is generally viewed positively as it aligns interests. There are no negative implications.
Positives
- The acquisition of shares by a director demonstrates alignment of interests with shareholders.
- The compensation structure incentivizes directors to contribute to the company's success.
Management Comments
- The shares were issued to the reporting person as part of his compensation for service as a director of the registrant.
Industry Context
This type of stock compensation is common for directors of publicly traded companies, aligning their interests with the company's performance and shareholder value.
Comparison to Industry Standards
- Director compensation packages often include stock grants to align their interests with shareholders, this is a standard practice.
- Many companies use a mix of cash and equity to compensate directors, with the equity component often vesting over time.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 11/14/2024 | Date of the stock acquisition by Clark M. Kokich. |
| 11/15/2024 | Date the Form 4 was signed. |
Keywords
LiveRamp, Director, Stock Acquisition, Compensation, Clark M. Kokich, Share Ownership, Form 4
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