Form 4: LiveRamp Holdings Chief Revenue Officer Vihan Sharma Reports Stock Transactions

LiveRamp's Chief Revenue Officer, Vihan Sharma, had shares withheld to cover tax obligations related to vested restricted stock units.

Summary

• Vihan Sharma, Chief Revenue Officer of LiveRamp Holdings, Inc., reported transactions involving the company's common stock.
• On November 22, 2024, a total of 5,366 shares were withheld by the issuer to satisfy tax obligations arising from the vesting of restricted stock units.
• The shares were withheld at a price of $30.71 per share.
• Following these transactions, Mr. Sharma's direct holdings decreased to 155,672 shares.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by an officer, and does not indicate any positive or negative sentiment.

Industry Context

This is a standard Form 4 filing, which is common for corporate officers when they have transactions in their company's stock. It is a routine disclosure and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• Similar filings are made by officers of companies such as The Trade Desk (TTD) and Magnite (MGNI) when they have stock transactions.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect a change in insider ownership.

Key Dates

Keywords

LiveRamp Holdings, Vihan Sharma, stock transactions, restricted stock units, tax obligations, insider trading, Form 4