Form 4: LiveRamp Holdings Director Acquires Shares as Part of Compensation
SEC Form 4
Omar Tawakol, a director at LiveRamp Holdings, acquired 1,406 shares of common stock as part of his compensation.
Summary
- Omar Tawakol, a director of LiveRamp Holdings, acquired 1,406 shares of the company's common stock on November 14, 2024.
- The shares were acquired as part of his compensation for serving as a director.
- The acquisition price was $0, indicating the shares were granted as part of a compensation package.
- Following the transaction, Mr. Tawakol's total holdings increased to 19,278 shares.
- The shares are being held under the LiveRamp Holdings, Inc. Directors' Deferred Compensation Plan.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns interests. There are no negative implications.
Positives
- The acquisition of shares by a director demonstrates confidence in the company's future.
- The compensation structure aligns director interests with shareholder value.
Industry Context
This is a standard practice for compensating board members in publicly traded companies, aligning their interests with the company's performance.
Comparison to Industry Standards
- Director compensation packages often include stock grants to align their interests with shareholders, this is a common practice.
- Many companies use deferred compensation plans for directors, allowing them to defer taxes on their compensation until a later date.
- The number of shares granted is within the typical range for director compensation at similar companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 11/14/2024 | Date of the stock acquisition by Omar Tawakol. |
| 11/15/2024 | Date the Form 4 was signed. |
Keywords
LiveRamp Holdings, Director Compensation, Stock Acquisition, Insider Trading, Form 4, Omar Tawakol, Deferred Compensation
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