JONES JERRY C 4
Research Summary
AI-generated summary
LiveRamp (RAMP) Jerry C. Jones Withholds Shares for Taxes
What Happened
- Jerry C. Jones, Chief Ethics & Legal Officer at LiveRamp (RAMP), had restricted stock units vest on Feb 22, 2026. The issuer withheld 1,278 shares to satisfy the reporting person's tax obligations (a tax-withholding disposition), consisting of:
- 813 shares withheld at $25.64 each for $20,845
- 465 shares withheld at $25.64 each for $11,923
- Combined total value withheld: $32,768
- This was a withholding to cover taxes on vested RSUs, not an open-market sale or a purchase.
Key Details
- Transaction date: 2026-02-22; Filing date (Form 4): 2026-02-23 (timely filing).
- Price per share: $25.64 for both withholding events.
- Shares withheld/disposed: 813 and 465 (total 1,278).
- Footnote: F1 — Shares were withheld by the issuer to satisfy the reporting person's tax obligations arising when RSUs vested on Feb 22, 2026.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
Context
- This filing reflects a routine cashless tax withholding upon RSU vesting (transaction code F), which reduces the insider's reported share count but does not represent an active sale on the market.
- Such withholdings are standard for executives receiving equity compensation and should not be read as an independent signal of bullish or bearish intent.