Form 4: LiveRamp Holdings Executive Kimberly Bloomston Sells Shares to Cover Tax Obligations

LiveRamp Holdings Chief Product Officer Kimberly Bloomston sold 2,496 shares of common stock to cover tax obligations arising from the vesting of restricted stock units.

Summary

• Kimberly Bloomston, Chief Product Officer of LiveRamp Holdings, sold 2,496 shares of common stock on December 22, 2024.
• The sale was executed at a price of $30.17 per share.
• The shares were sold to cover tax obligations related to the vesting of restricted stock units.
• Following the transaction, Ms. Bloomston directly owns 108,859 shares of LiveRamp common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, and is common for executives who receive stock-based compensation.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
• The sale of 2,496 shares is relatively small compared to the total holdings of 108,859 shares, suggesting it is a routine tax-related transaction rather than a significant divestment.
• Similar transactions are frequently seen in companies like Adobe, Salesforce, and Oracle, where executives receive stock-based compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
• There is no significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

LiveRamp Holdings, Kimberly Bloomston, stock sale, insider trading, tax obligations, restricted stock units, executive compensation