Form 4: LiveRamp Holdings Executive Jerry C. Jones Reports Stock Transaction
SEC Form 4 Filing
Jerry C. Jones, Chief Ethics & Legal Officer of LiveRamp Holdings, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On May 19, 2024, Jerry C. Jones, Chief Ethics & Legal Officer of LiveRamp Holdings, Inc., had 248 shares of common stock withheld by the issuer to satisfy tax obligations.
- This occurred when restricted stock units belonging to Jones vested.
- Following the transaction, Jones directly owns 203,216 shares of LiveRamp common stock.
- Jones also indirectly owns 5,396.8796 shares and 3,494.7296 shares through managed accounts.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of stock transactions for tax purposes.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for executives holding company stock. It provides transparency to the market regarding the executive's stock ownership.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock transaction by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/19/2024 | Date of transaction: Shares withheld for tax obligations upon vesting of restricted stock units. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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