Scott E. Howe, the Chief Executive Officer of LiveRamp Holdings, Inc., has executed a notable stock transaction following the company's merger with MMS USA Holdings, Inc. This transaction, which took place on November 2, 2026, involved the sale of over 1.6 million shares of LiveRamp's common stock at a price of $38.50 per share. The move is significant as it underscores the financial maneuvers of executives in the wake of corporate mergers.

The merger, which was finalized on the same day, signifies a pivotal moment for LiveRamp, as it transitions into a wholly owned subsidiary of MMS USA Holdings. This consolidation is part of a broader trend in the computer processing and data preparation industry, where companies are increasingly merging to enhance their competitive edge and operational efficiencies.

Background

LiveRamp Holdings, Inc. is a technology company that specializes in data connectivity and identity resolution services. The company is incorporated in Delaware and has its fiscal year ending on March 31. LiveRamp's business address is located at 225 Bush Street, 17th Floor, San Francisco, CA. The company has undergone significant transformations, including a name change from Acxiom Holdings, Inc. in September 2018.

What the Filing Says

The SEC filing indicates that Howe sold 1,624,429 shares and an additional 3,148.0113 shares, both at the price of $38.50 per share. Following these transactions, Howe no longer holds any shares in LiveRamp. The filing also notes that these transactions were part of the arrangements made under the Merger Agreement.

Impact

This stock sale may affect various stakeholders, including investors and employees of LiveRamp, as it reflects the financial strategies of top executives during a period of significant corporate change. The merger may also impact competitors in the industry, as LiveRamp aims to strengthen its market position.

What's Next

The filing does not say what happens next.