Form 4: LiveRamp Holdings Executive Kimberly Bloomston Reports Stock Transactions
SEC Form 4 Filing
Kimberly Bloomston, Chief Product Officer of LiveRamp Holdings, reports the disposal of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 22, 2025, Kimberly Bloomston, Chief Product Officer of LiveRamp Holdings, disposed of several blocks of common stock to cover tax obligations.
- The transactions involved the withholding of shares by the issuer to satisfy the reporting person's tax obligations that arose when restricted stock units vested.
- The price per share for these transactions was $31.23.
- Following these transactions, Bloomston directly owns 89,672 shares of LiveRamp Holdings common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions related to tax obligations, with no inherent positive or negative implications for the company's performance or outlook.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions. It reflects standard practice for executives managing their equity compensation and tax liabilities. Such filings are common and provide transparency to the market regarding insider activity.
Comparison to Industry Standards
- Form 4 filings are standard practice across publicly traded companies, including those comparable to LiveRamp such as The Trade Desk (TTD) and Neustar (NSR), where executives routinely report similar transactions related to stock options and restricted stock units.
- The disposal of shares to cover tax obligations upon vesting is a common occurrence among executives in publicly traded companies, aligning with industry norms for managing equity compensation.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they are related to tax obligations and do not indicate a change in the executive's long-term commitment to the company.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of stock transactions and vesting of restricted stock units. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.