Form 4: LiveRamp Director Receives Future Equity Compensation

LiveRamp Holdings, Inc. Director Debora B. Tomlin is set to acquire 1,338 shares of common stock as compensation for her service on November 13, 2025.

Summary

• Debora B. Tomlin, a Director of LiveRamp Holdings, Inc. (RAMP), will acquire 1,338 shares of common stock.
• The transaction is scheduled for November 13, 2025.
• These shares are being issued as part of her compensation for service as a director of the registrant.
• The acquisition price for these shares is $0.
• Following this transaction, Debora B. Tomlin will beneficially own 31,313 shares of common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it reflects routine director compensation, which aligns the director's interests with shareholders. It is a standard corporate action and not indicative of any immediate operational or financial changes.

Positives

• The issuance of equity as compensation aligns the director's financial interests with those of the shareholders, promoting long-term value creation.
• The transaction is part of a pre-planned Rule 10b5-1(c) plan, indicating a structured approach to insider transactions.

Future Outlook

This filing details a future equity grant to a director, indicating the company's ongoing compensation structure for its board members. It does not provide broader forward-looking statements regarding company performance or strategic direction.

Industry Context

Granting equity as part of director compensation is a standard practice across publicly traded companies, particularly in the technology sector, to attract and retain qualified board members and align their incentives with shareholder returns.

Comparison to Industry Standards

• The practice of compensating directors with equity, such as common stock, is a widely adopted standard in corporate governance across industries, including technology companies like LiveRamp Holdings, Inc.
• Companies such as Salesforce (CRM), Adobe (ADBE), and Oracle (ORCL) commonly use stock awards as a significant component of their non-employee director compensation packages to foster long-term alignment.

Related Party Transactions

• The acquisition of shares by Director Debora B. Tomlin as compensation for her service constitutes a routine related-party transaction, specifically an equity grant.

Stakeholder Impact

• Shareholders: The equity grant aligns the director's interests with shareholders, potentially encouraging decisions that enhance long-term shareholder value.

Key Dates

Recommendation

This Form 4 reports a routine equity grant to a director as part of their compensation, which is a standard corporate governance practice. It does not provide new information that would alter the fundamental investment thesis for LiveRamp Holdings, Inc., thus a 'hold' recommendation remains appropriate based solely on this filing.

Keywords

LiveRamp Holdings, RAMP, Debora B. Tomlin, Director Compensation, Equity Grant, Form 4, Insider Transaction, Rule 10b5-1