Form 4: LiveRamp Holdings Director Timothy R. Cadogan Reports Acquisition of Shares as Compensation

Director Timothy R. Cadogan acquired 1,801 shares of LiveRamp Holdings, Inc. as part of his compensation for serving as a director.

Summary

• On August 14, 2024, Timothy R. Cadogan, a director of LiveRamp Holdings, Inc., acquired 1,801 shares of common stock.
• The shares were issued as part of his compensation for service as a director.
• Following the transaction, Cadogan directly owns 54,033 shares of LiveRamp Holdings, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through compensation.

Positives

• The acquisition of shares by a director demonstrates their continued investment in the company.

Industry Context

Director share compensation is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Director compensation packages vary widely across the industry, depending on company size, performance, and board responsibilities.
• Companies like Oracle, Salesforce, and Adobe also use stock grants as part of their director compensation packages.
• The number of shares granted to directors is generally determined by the company's compensation committee and approved by the board of directors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence, as it demonstrates a director's alignment with the company's success.

Key Dates