[Form 4] LiveRamp Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

LiveRamp Holdings, Inc. (RAMP) director John L. Battelle received 1,720 shares of common stock on 08/13/2025 as part of his director compensation. The transaction was reported on a Form 4 showing the shares were issued at $0 and increased his beneficial ownership to 53,374 shares. The Form 4 was filed indicating the report comes from one reporting person and was signed on behalf of Mr. Battelle by an attorney-in-fact, Jerry C. Jones, on 08/14/2025. The filing contains no derivative transactions and provides an explanation that the shares were issued for board service.

Positive

• Director alignment: Issuance of 1,720 shares ties director John L. Battelle’s interests to shareholders through equity compensation

Negative

• None.

Insights

Financial Analyst

TL;DR Routine director compensation; small equity grant increases insider alignment without material dilution.

The Form 4 discloses a non-cash issuance of 1,720 common shares to director John L. Battelle as compensation for board service, raising his total beneficial ownership to 53,374 shares. There are no option or derivative transactions reported. For investors, this is a standard equity-based compensation disclosure and does not indicate any change in corporate strategy or control. The zero price reflects an issued grant rather than a market purchase.

Corporate Governance Expert

TL;DR Standard governance practice: equity awards to align director incentives; disclosure is complete and routine.

The filing clearly states the nature and reason for the shares: director compensation. The reporting indicates a single reporting person and uses an attorney-in-fact signature, which is acceptable under Form 4 procedures. There are no red flags such as large stock sales, unexplained transfers, or derivative activity. This disclosure meets typical transparency expectations for insider compensation.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BATTELLE JOHN L.

(Last) (First) (Middle)

LIVERAMP HOLDINGS, INC.

225 BUSH STREET, 17TH FLOOR

(Street)

SAN FRANCISCO CA 94104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LiveRamp Holdings, Inc. [ RAMP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK, $.10 PAR VALUE	08/13/2025		A		1,720(1)	A	$0	53,374	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were issued to the reporting person as part of his compensation for service as a director of the registrant.

	/s/ BY: JERRY C. JONES, ATTORNEY-IN-FACT FOR: JOHN L. BATTELLE	08/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did John L. Battelle report on the Form 4 for RAMP?

The Form 4 reports that John L. Battelle received 1,720 shares of LiveRamp common stock on 08/13/2025 as director compensation.

How many shares does John L. Battelle beneficially own after the transaction?

Following the reported issuance, Mr. Battelle beneficially owns 53,374 shares.

Was there a cash purchase price for the shares reported on the Form 4?

The Form 4 lists the price as $0, indicating the shares were issued as compensation rather than purchased.

Were any derivative securities reported in this filing for RAMP?

No. The filing shows no derivative securities; only a non-derivative issuance of common stock was reported.

Who signed the Form 4 filing for John L. Battelle?

The Form 4 was signed by Jerry C. Jones, attorney-in-fact for John L. Battelle on 08/14/2025.