Form 4: LiveRamp Holdings Executive Mohsin Hussain Reports Stock Transaction
SEC Form 4 Filing
Mohsin Hussain, Chief Technology Officer of LiveRamp Holdings, reports the disposal of 304 shares to cover tax obligations related to vested restricted stock units.
Summary
- On May 19, 2024, Mohsin Hussain, the Chief Technology Officer of LiveRamp Holdings, Inc., disposed of 304 shares of common stock to cover tax obligations.
- The shares were withheld by the issuer to satisfy the reporting person's tax obligations that arose when restricted stock units vested.
- The transaction was executed at a price of $33.16 per share.
- Following the transaction, Hussain directly owns 111,859 shares of LiveRamp Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations. It doesn't indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It's a common practice for companies to withhold shares to cover taxes when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 05/19/2024 | Date of transaction: 304 shares disposed of to cover tax obligations related to vested restricted stock units. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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