Form 4: LiveRamp Director Vivian Chow Receives Stock Compensation

LiveRamp Holdings, Inc. director Vivian Chow was granted 1,529 shares of common stock as compensation for her service.

Summary

• Vivian Chow, a director of LiveRamp Holdings, Inc. (RAMP), acquired 1,529 shares of common stock.
• The shares were issued as compensation for her service as a director, pursuant to a pre-arranged Rule 10b5-1 plan.
• The transaction is scheduled to occur on August 13, 2025, with a price of $0 per share.
• Following this transaction, Ms. Chow will beneficially own 26,105 shares of LiveRamp common stock.

Sentiment

Score: 6

Explanation: Slightly positive as it aligns director interests with shareholders, but a routine event with minimal direct impact on company valuation.

Positives

• The grant of shares aligns the director's interests with those of shareholders, promoting long-term value creation.
• It represents a form of non-cash compensation for director service, a common practice in corporate governance.

Negatives

• The issuance of new shares, even for compensation, can result in minor dilution for existing shareholders, though the amount in this instance is minimal.

Future Outlook

This filing does not contain forward-looking statements or guidance beyond the reported transaction.

Industry Context

This is a standard practice in corporate governance where directors receive equity as part of their compensation, aligning their interests with long-term company performance, common across various industries, particularly in the technology sector.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity. The grant of 1,529 shares to a director like Vivian Chow at LiveRamp is a common method to incentivize long-term commitment and performance, comparable to practices at similar-sized technology or data companies where equity forms a significant portion of non-executive director remuneration.
• The use of a Rule 10b5-1 plan for such grants is also a standard practice to ensure compliance with insider trading regulations and provide an affirmative defense against claims of trading on material non-public information.

Related Party Transactions

• The acquisition of shares by Director Vivian Chow as compensation for her service constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Experience minor dilution from the issuance of new shares, but benefit from improved alignment of director interests with long-term company performance.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific transaction.

Key Dates

Recommendation

This Form 4 filing reports a routine equity compensation grant to an existing director, executed under a pre-arranged plan. It does not contain information that would warrant a change in investment recommendation. It is a standard corporate governance practice that aligns director incentives with shareholder interests, but it is not a material event for stock valuation.

Keywords

LiveRamp Holdings, RAMP, Vivian Chow, Director Compensation, Stock Grant, SEC Form 4, Insider Transaction, Equity Compensation, Rule 10b5-1 Plan