LiveRamp (NYSE: RAMP) CFO uses shares to cover equity tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LiveRamp Holdings, Inc. Chief Financial Officer Lauren R. Dillard reported three Form 4 transactions in which a total of 4,857 shares of common stock were disposed of at $25.64 per share to cover tax obligations when restricted stock units vested. After these tax-withholding dispositions, she directly owns 278,771 shares of LiveRamp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Dillard Lauren R
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK, $.10 PAR VALUE | 860 | $25.64 | $22K |
| Tax Withholding | COMMON STOCK, $.10 PAR VALUE | 2,162 | $25.64 | $55K |
| Tax Withholding | COMMON STOCK, $.10 PAR VALUE | 1,835 | $25.64 | $47K |
Holdings After Transaction:
COMMON STOCK, $.10 PAR VALUE — 282,768 shares (Direct)
Footnotes (1)
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FAQ
What did LiveRamp (RAMP) CFO Lauren Dillard report in this Form 4?
LiveRamp CFO Lauren Dillard reported three Form 4 transactions disposing of shares to cover taxes tied to vested restricted stock units. These were code F tax-withholding dispositions, not open market sales, reflecting routine administration of her equity compensation award vesting.
What does transaction code F mean in the LiveRamp (RAMP) Form 4?
Transaction code F indicates shares were disposed of to pay an exercise price or tax liability by delivering securities. In this case, LiveRamp withheld shares from the CFO’s vested restricted stock units to cover related tax obligations, rather than the CFO selling shares in the market.