Form 4: SolarWinds CEO Sudhakar Ramakrishna Reports Gifts of Common Stock to Charitable Organizations

SolarWinds CEO Sudhakar Ramakrishna reported gifting shares of common stock to The Ramakrishna Family Giving Fund and a 501(c)(3) charitable foundation.

Summary

• On April 8, 2025, SolarWinds CEO Sudhakar Ramakrishna reported gifting 172,522 shares of common stock to The Ramakrishna Family Giving Fund.
• He also gifted 264,278 shares of common stock to a 501(c)(3) charitable foundation on the same date.
• Ramakrishna received no payment or consideration for these gifts.
• Following these transactions, Ramakrishna directly owns 2,239,629 shares and 1,975,351 shares respectively.
• The reporting person does not have voting or investment power with respect to the shares held by the Fund and no pecuniary interest in such shares.
• The reporting person has voting and investment control over the shares held by the foundation but has no pecuniary interest in such shares.

Sentiment

Score: 7

Explanation: The document itself is neutral as it reports a transaction. The gifts to charity could be seen as a positive sign of the CEO's commitment to philanthropy.

Industry Context

Executive stock gifts are not uncommon and can be part of personal financial planning or philanthropic efforts. The impact on the company is generally neutral unless the amount is substantial enough to signal a change in executive confidence.

Stakeholder Impact

• The gifts have a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.

Key Dates

Keywords

SolarWinds, Sudhakar Ramakrishna, Form 4, Beneficial Ownership, Stock Gift, Charitable Donation, SWI