Arani Ramin 4

What Happened

• Arani Ramin, a director of LiveOne, reported the settlement/conversion of 22,266 restricted stock units (RSUs) into 22,266 shares of LiveOne common stock on March 31, 2026. The Form 4 shows an acquisition of 22,266 shares (derivative conversion) and a corresponding disposition entry at $0.00, reflecting the RSU settlement. No cash price or market-value sale is reported — the shares were issued as compensation (director fees).

Key Details

• Transaction date: 2026-03-31
• Transaction type: Conversion/settlement of RSUs into common stock (reported under derivative code M)
• Shares involved: 22,266 shares acquired via RSU settlement; a corresponding $0.00 disposition entry appears on the form (represents conversion mechanics)
• Price: $0.00 (shares issued as compensation; no cash paid by the reporting person)
• Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These were vested RSUs previously granted as director fees for service from Oct 1, 2024 to Sep 30, 2025 and were settled by delivery of one share per RSU.
• Shares owned after transaction: Not specified in the provided data
• Filing date vs. transaction date: Form was filed on 2026-04-14 for a 2026-03-31 transaction (check timeliness — Form 4s are generally due within 2 business days of the transaction)

Context

• This is a routine compensation-related issuance (award/settlement), not an open-market purchase or sale by the director; such awards are common for board service and do not by themselves indicate buying or selling sentiment.
• The derivative-code entries (acquired and disposed at $0.00) reflect the technical reporting of RSU settlement/conversion into shares rather than a cash exercise or market sale.