Form 4: LiveRamp Executive Vihan Sharma Reports Stock Transaction
SEC Form 4 Filing
Vihan Sharma, Chief Revenue Officer of LiveRamp Holdings, Inc., reports the withholding of shares by the issuer to cover tax obligations arising from vested restricted stock units.
Summary
- On May 19, 2024, Vihan Sharma, Chief Revenue Officer of LiveRamp Holdings, Inc., had 2,389 shares withheld by the issuer to cover tax obligations.
- This withholding occurred when restricted stock units belonging to Sharma vested.
- The price per share for the transaction was $33.16.
- Following the transaction, Sharma directly owns 180,891 shares of LiveRamp Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It is common for companies to withhold shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/19/2024 | Date of transaction: shares withheld for tax obligations due to vesting of restricted stock units. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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