Form 4: LiveRamp Holdings Executive Mohsin Hussain Reports Stock Transactions

Mohsin Hussain, Chief Technology Officer of LiveRamp Holdings, reports acquisition and disposal of company stock related to performance stock units (PSU) and restricted stock units (RSU).

Summary

• On May 15, 2024, Mohsin Hussain, Chief Technology Officer of LiveRamp Holdings, acquired 2,696 shares of common stock related to performance stock units (PSU) at $0.
• On the same day, 963 shares were disposed of at $32.91 to cover tax obligations arising from the PSU vesting.
• Also on May 15, 2024, Hussain acquired 31,528 restricted stock units (RSUs) at $0, which vest over three years starting May 22, 2025.
• Following these transactions, Hussain directly owns 112,163 shares of LiveRamp Holdings common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transactions reflect standard executive compensation practices and long-term commitment, but the disposal of shares for tax obligations is a minor negative.

Positives

• The acquisition of shares through PSU vesting and RSU grants indicates confidence in the company's performance and future prospects.

Negatives

• The disposal of shares to cover tax obligations, while standard, slightly reduces the executive's holdings.

Risks

• The vesting of RSUs is contingent upon continued employment with the registrant, creating a potential risk if employment is terminated.

Future Outlook

The vesting schedule of the RSUs indicates a long-term commitment from the executive, with vesting occurring over three years.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.

Comparison to Industry Standards

• Executive compensation packages including PSUs and RSUs are common in the tech industry to align management interests with shareholder value.
• Vesting schedules over three years are typical for RSUs, encouraging long-term commitment.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and ownership.

Next Steps

• Continued monitoring of insider transactions for further insights into executive sentiment and company performance.

Key Dates