Form 4: LiveRamp Director Omar Tawakol Reports Acquisition and Disposal of Common Stock

Director Omar Tawakol reports acquiring 1,801 shares of LiveRamp Holdings, Inc. common stock as part of director compensation and disposing of 17,872 shares.

Summary

• On August 14, 2024, Omar Tawakol, a director of LiveRamp Holdings, Inc., reported a transaction involving the company's common stock.
• Tawakol acquired 1,801 shares as part of his compensation for serving as a director.
• These shares were acquired at a price of $0.
• Tawakol also disposed of 17,872 shares of common stock.
• Following these transactions, Tawakol beneficially owns 17,872 shares of LiveRamp Holdings, Inc.
• The shares acquired as compensation are deferred under the LiveRamp Holdings, Inc. Directors' Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but the disposal of shares could be interpreted in different ways depending on the context.

Positives

• The acquisition of shares as part of director compensation aligns the director's interests with those of the company and its shareholders.

Negatives

• The disposal of 17,872 shares could be perceived negatively by investors, although the reason for disposal is not specified in this document.

Risks

• The document does not specify the reason for the disposal of shares, which could lead to speculation and uncertainty among investors.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's common for directors to receive stock as part of their compensation and to periodically sell shares for various reasons.

Stakeholder Impact

• The stock transactions of company insiders can influence investor sentiment and potentially impact the stock price.

Key Dates