LiveRamp (RAMP) Jerry C. Jones, Chief Ethics & Legal Officer Withholds 1,637 Shares

What Happened
Jerry C. Jones, Chief Ethics & Legal Officer of LiveRamp Holdings, had a total of 1,637 shares withheld by the company to satisfy tax obligations that arose when his restricted stock units (RSUs) vested on August 22, 2026. The filing shows two withholding transactions: 734 shares withheld at $37.58 each ($27,584) and 903 shares withheld at $37.58 each ($33,935), for a combined value of approximately $61,519. This was a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date: August 22, 2026 (vesting date); Form 4 filed August 24, 2026 (appears timely).
• Prices: $37.58 per share for both withholdings.
• Shares withheld/disposed: 734 shares ($27,584) and 903 shares ($33,935); total 1,637 shares ($61,519).
• Footnote: Shares were withheld by the issuer to satisfy the reporting person's tax obligations upon RSU vesting (footnote F1).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Transaction code: F — tax withholding (not a purchase or discretionary sale).

Context
Withholding shares to cover taxes on vesting RSUs is a common, routine administrative action and differs from an open-market sale initiated by the insider. Such withholdings generally do not signal a change in the insider's view of the company; they simply settle tax liabilities at vesting.