Form 4: LiveRamp Director Acquires Shares as Part of Compensation

Sentiment:

SEC Form 4


LiveRamp Holdings director Timothy R. Cadogan acquired 1,406 shares of common stock as part of his compensation for service as a director.

Summary

  • Timothy R. Cadogan, a director at LiveRamp Holdings, Inc., acquired 1,406 shares of the company's common stock on November 14, 2024.
  • The shares were issued as part of his compensation for serving as a director.
  • The acquisition was a direct transaction, increasing his total holdings to 55,439 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director 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 the director to contribute to the company's success.

Industry Context

This is a standard transaction for director compensation, and is common practice in publicly traded companies.

Comparison to Industry Standards

  • Director compensation in the form of stock grants is a common practice among publicly traded companies, such as those in the technology sector like Salesforce (CRM) and Adobe (ADBE).
  • These grants are often part of a broader compensation package designed to align the interests of directors with those of shareholders.
  • The number of shares granted can vary based on the company's size, performance, and the director's role.

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.

Key Dates

DateDescription
11/14/2024Date of the share acquisition by Timothy R. Cadogan.
11/15/2024Date the Form 4 was signed.

Keywords

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

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