Form 4: LiveRamp Executive Vihan Sharma Reports Acquisition of Shares

Sentiment:

SEC Form 4 Filing


Vihan Sharma, Chief Revenue Officer of LiveRamp Holdings, Inc., reports acquiring 43,559 shares of common stock.

Summary

  • On May 13, 2025, Vihan Sharma, the Chief Revenue Officer of LiveRamp Holdings, Inc., acquired 43,559 shares of common stock.
  • The shares were acquired at a price of $0.
  • Following the transaction, Sharma directly owns 147,863 shares of LiveRamp common stock.
  • The acquisition involved restricted stock units (RSUs) granted under the company's 2005 Equity Compensation Plan.
  • The RSUs vest over three years, with one-third vesting on May 22, 2026, and the remainder vesting in equal quarterly installments thereafter, contingent upon continued employment.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It reflects a standard executive compensation practice, with no immediate negative implications. The acquisition of shares by an executive is generally viewed as a positive sign, indicating confidence in the company's future.

Positives

  • The acquisition of shares by a key executive could be seen as a positive sign of confidence in the company's future.

Future Outlook

The vesting schedule of the RSUs indicates a three-year commitment from the executive to remain with the company.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's prospects. This transaction reflects compensation practices common among publicly traded companies.

Comparison to Industry Standards

  • Equity compensation is a standard practice in the tech industry, used to align the interests of executives with those of shareholders.
  • Companies like Snowflake, Trade Desk, and PubMatic also utilize RSU grants as part of their executive compensation packages.
  • The vesting schedule of three years is typical for RSU grants, ensuring long-term commitment from the executive.

Stakeholder Impact

  • The transaction could have a slightly positive impact on shareholder sentiment, as it signals confidence from a key executive.
  • Employees may view the transaction positively, as it reflects the company's commitment to incentivizing its leadership.

Key Dates

DateDescription
05/13/2025Date of transaction: Vihan Sharma acquired shares of LiveRamp common stock.
05/15/2025Date of signature on the Form 4 filing.
05/22/2026Initial vesting date for one-third of the restricted stock units.

Keywords

LiveRamp, Vihan Sharma, Form 4, insider trading, Chief Revenue Officer, stock acquisition, RSUs, Equity Compensation Plan, beneficial ownership

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