Form 4: LiveRamp Holdings Director Charles Brian O'Kelley Reports Acquisition and Disposal of Common Stock

Director Charles Brian O'Kelley reports acquiring 1,748 shares of LiveRamp Holdings common stock as part of director compensation and disposing of 5,011 shares.

Summary

• On May 15, 2024, Charles Brian O'Kelley, a director of LiveRamp Holdings, Inc., acquired 1,748 shares of common stock.
• These shares were received as part of his compensation for serving as a director.
• The acquisition price was $0.
• O'Kelley also disposed of 5,011 shares on the same day.
• Following these transactions, O'Kelley directly owns 5,011 shares of LiveRamp Holdings common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating neutral sentiment. The acquisition of shares as compensation is mildly positive, while the disposal of shares is mildly negative. Overall, it's a routine disclosure.

Positives

• The acquisition of shares as part of director compensation aligns the director's interests with those of the shareholders.

Negatives

• The disposal of 5,011 shares by the director could be interpreted negatively by investors, although the reason for disposal is not disclosed.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future performance.

Stakeholder Impact

• Shareholders may be interested in the director's stock transactions as an indicator of confidence in the company's future performance.

Key Dates