Howe Scott E 4

What Happened

• Scott E. Howe, CEO of LiveRamp Holdings (RAMP), had a total of 6,441 shares withheld by the company on Feb 22, 2026 to satisfy tax obligations when restricted stock units (RSUs) vested. The withholding is reported as a disposition.
• The transactions: 3,689 shares withheld at $25.64 each for $94,586, and 2,752 shares withheld at $25.64 each for $70,561 — combined value about $165,147. This is a routine tax-withholding event, not an open-market sale.

Key Details

• Transaction date: 2026-02-22; Filing date: 2026-02-23 (appears timely).
• Prices and amounts: 3,689 @ $25.64 = $94,586; 2,752 @ $25.64 = $70,561; total 6,441 shares ≈ $165,147.
• Transaction code: F (shares withheld to satisfy tax withholding on vested RSUs). Footnote F1 confirms issuer withheld shares to cover the reporting person’s tax obligations from RSU vesting.
• Shares owned after transaction: Not disclosed in the provided filing.
• Accession / filing ref: Form 4 accession 0001369558-26-000001 (period of report 2026-02-22).

Context

• This was a cashless/withholding action tied to RSU vesting — common practice where the company retains shares to pay required taxes. Such withholdings are administrative and don’t necessarily indicate insider sentiment about the stock.
• For retail investors, outright purchases by insiders are generally more informative of bullish conviction; tax-withholdings are routine and should be interpreted accordingly.