Form 4: LiveRamp Director Timothy Cadogan Receives Equity Compensation

LiveRamp Holdings, Inc. Director Timothy R. Cadogan was granted 1,723 shares of common stock as compensation for his service.

Summary

• Timothy R. Cadogan, a Director of LiveRamp Holdings, Inc. (RAMP), acquired 1,723 shares of common stock.
• The transaction occurred on February 11, 2026.
• These shares were issued as part of his compensation for service as a director of the registrant.
• The acquisition price per share was $0, indicating a grant or award.
• Following this transaction, Timothy R. Cadogan directly beneficially owns 60,060 shares of common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a slightly positive event, as it reflects standard corporate governance practices and aligns director interests with shareholders, without indicating any negative operational or financial developments.

Positives

• The issuance of shares as compensation aligns the interests of Director Timothy R. Cadogan with those of the company's shareholders.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• Shares were issued to the reporting person as part of his compensation for service as a director of the registrant.

Industry Context

StockSavvy.ai notes that granting equity as compensation to directors is a standard practice across various industries, including technology and data services, to incentivize long-term commitment and align leadership interests with shareholder value creation. This practice is common among LiveRamp's peers in the ad-tech and data enablement sectors.

Comparison to Industry Standards

• The practice of compensating directors with equity, such as common stock, is a widely accepted corporate governance standard across U.S. publicly traded companies, including those in the technology sector like LiveRamp. Companies such as Adobe Inc. (ADBE) and Salesforce, Inc. (CRM) also utilize equity grants as a significant component of their non-employee director compensation packages to foster alignment with shareholder interests and promote long-term value creation.

Related Party Transactions

• The acquisition of 1,723 shares by Director Timothy R. Cadogan as compensation for his service constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The equity grant to a director can be viewed positively as it aligns the director's financial interests with the long-term performance of the company, potentially leading to more shareholder-friendly decisions.

Key Dates

Recommendation

This Form 4 filing details a routine equity compensation grant to a director and does not contain information that would fundamentally alter the investment thesis for LiveRamp Holdings, Inc. A seasoned investor would likely maintain their current position based solely on this filing, awaiting more comprehensive financial or strategic updates.

Keywords

LiveRamp Holdings, RAMP, Timothy R. Cadogan, Director Compensation, Equity Grant, Insider Transaction, Form 4, Common Stock