Karasick Matthew 4
Research Summary
AI-generated summary
LiveRamp (RAMP) CPO Matthew Karasick Receives RSU Award
What Happened
- Matthew Karasick, Chief Product Officer of LiveRamp Holdings, was granted 38,961 restricted stock units (RSUs) on May 15, 2026. The RSUs have no purchase price (reported at $0) and represent a contingent right to receive one share of common stock per RSU upon vesting. This is an award grant (not a purchase or sale) and does not by itself indicate buying or selling activity.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (filed 4 days after the transaction).
- Grant size: 38,961 RSUs; reported acquisition price: $0.00.
- Shares owned after the transaction: not specified in the filing.
- Footnote (F1): RSUs granted under the 2005 Equity Compensation Plan. Vesting: 1/3 vests on May 22, 2027; remaining shares vest in equal quarterly installments on the 22nd of each applicable month thereafter until fully vested, subject to continued employment.
- Transaction type code: A = Award/Grant.
Context
- RSUs are compensation awards that convert to shares upon vesting; they are commonly used to retain executives and align incentives with shareholders. Because this is a grant (not a market purchase), it should be viewed as part of executive compensation rather than an immediate bullish market signal.
- The filing occurred four days after the transaction date; Form 4s are generally required within two business days of the transaction, so investors may note the delayed filing.