Form 4: LiveRamp Holdings Executive Mohsin Hussain Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Mohsin Hussain, Chief Technology Officer of LiveRamp Holdings, disclosed the disposal of company stock to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On February 22, 2025, Mohsin Hussain, the Chief Technology Officer of LiveRamp Holdings, Inc., disposed of shares of common stock to cover tax obligations.
- The disposals were executed at a price of $31.23 per share.
- A total of 319, 549, 890, and 1,026 shares were disposed of in separate transactions.
- Following these transactions, Hussain directly owns 54,810 shares of LiveRamp Holdings, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to routine stock disposals for tax purposes.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It's common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of stock disposal transactions and vesting of restricted stock units. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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