Form 4: LiveRamp Director Debora B. Tomlin Receives Stock Award

Director Debora B. Tomlin received 1,216 shares of LiveRamp Holdings, Inc. as part of her compensation for serving as a director.

Summary

• On May 15, 2024, Debora B. Tomlin, a director of LiveRamp Holdings, Inc., acquired 1,216 shares of common stock.
• The shares were awarded as part of her compensation for service as a director.
• Following the transaction, Tomlin directly owns 32,473 shares of LiveRamp common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock award) and doesn't contain any negative or concerning information. It's a neutral event with a slightly positive sentiment due to the alignment of director and shareholder interests.

Positives

• The stock award reflects LiveRamp's compensation strategy for its directors.

Industry Context

Director compensation in the form of stock awards is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock awards for directors are a typical component of compensation packages in the tech industry, often benchmarked against peer companies of similar size and market capitalization.
• Companies like Snowflake, Datadog, and MongoDB also utilize stock awards as part of their director compensation strategy.

Stakeholder Impact

• The stock award aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates