Form 4: LiveRamp Holdings Officer Vihan Sharma Sells Shares

Vihan Sharma, Chief Revenue Officer of LiveRamp Holdings, Inc., sold 39,845 shares of common stock at an average price of $35.56 on February 10, 2025.

Summary

• Vihan Sharma, the Chief Revenue Officer of LiveRamp Holdings, Inc., reported a transaction involving the company's common stock.
• On February 10, 2025, Sharma sold 39,845 shares of common stock.
• The shares were sold at a weighted average price of $35.56.
• Following the transaction, Sharma directly owns 110,902 shares of LiveRamp Holdings, Inc.
• The sale was executed under a prearranged 10b5-1 trading plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of an insider stock sale under a pre-arranged plan.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on inside information.

Stakeholder Impact

• The sale of shares by a company officer could be perceived negatively by some shareholders, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates