Form 4: LiveRamp Holdings Officer Vihan Sharma Reports Stock Transactions

Vihan Sharma, Chief Revenue Officer of LiveRamp Holdings, reports acquisition and disposal of company stock.

Summary

• Vihan Sharma, the Chief Revenue Officer of LiveRamp Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On May 15, 2024, Sharma acquired 38,449 shares of common stock at $0 per share.
• Sharma also disposed of 183,280 shares of common stock.
• Following these transactions, Sharma directly owns 183,280 shares of LiveRamp Holdings, Inc.
• The reported transactions include the grant of restricted stock units (RSUs) under the company's 2005 Equity Compensation Plan.
• The RSUs vest over three years, with one-third vesting on May 22, 2025, and the remainder vesting in equal quarterly amounts thereafter, contingent upon continued employment.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The RSUs will continue to vest in equal quarterly amounts after the initial vesting date of May 22, 2025, contingent upon the recipient's continued employment with the registrant.

Industry Context

This filing is a routine disclosure of stock transactions by a company officer, which is common in publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock transactions of a key company officer.

Key Dates