Live Nation (LYV) CEO Rapino reports 17,842-share tax withholding
Rhea-AI Filing Summary
Live Nation Entertainment, Inc. President & CEO Michael Rapino reported an automatic share disposition related to equity compensation. On this Form 4, 17,842 shares of common stock were withheld at $157.91 per share to satisfy tax obligations upon vesting of restricted stock grants, rather than being sold in the open market. After this tax-withholding transaction, Rapino directly holds 4,201,588 shares of Live Nation common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,842 shares
Net Sell
1 txn
Insider
Rapino Michael
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 17,842 | $157.91 | $2.82M |
Holdings After Transaction:
Common Stock — 4,201,588 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld for tax purposes upon vesting of restricted stock grants.
FAQ
What insider transaction did Live Nation (LYV) CEO Michael Rapino report?
Michael Rapino reported a tax-related share disposition. A total of 17,842 Live Nation common shares were withheld to cover taxes upon vesting of restricted stock grants, as disclosed in a Form 4 filing.
Was Michael Rapino’s Live Nation Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to cover tax liabilities when Rapino’s restricted stock awards vested.
What does transaction code "F" mean in Michael Rapino’s Live Nation Form 4?
Transaction code “F” indicates a disposition to pay taxes or exercise costs using company stock. In this case, shares were withheld to satisfy Rapino’s tax liability when restricted stock grants vested.
AI-generated analysis. How Rhea-AI works. Not financial advice.