Live Nation EVP covers taxes with 1,165 shares

Live Nation Entertainment EVP & General Counsel Michael Rowles reported a routine tax-related share disposition.

Rhea-AI Filing Summary

Live Nation Entertainment EVP & General Counsel Michael Rowles reported a routine tax-related share disposition. On 2026-05-13, 1,165 shares of common stock were withheld at $168.46 per share to cover taxes upon vesting of restricted stock grants. After this withholding, Rowles directly owns 203,551 shares of Live Nation common stock. This was not an open-market sale but an automatic tax-withholding transaction tied to equity compensation.

Insider Trade Summary

Exercise Price or Tax Liability: 1,165 shares

Exercise Price or Tax Liability 1 txn

Insider Rowles Michael

Role EVP & General Counsel

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,165	$168.46	$196K

Holdings After Transaction: Common Stock — 203,551 shares (Direct)

Footnotes (1)

1. F1. Represents shares withheld for tax purposes upon vesting of restricted stock grants.

Key Figures

Shares withheld for taxes: 1,165 shares Withholding price per share: $168.46 per share Shares owned after transaction: 203,551 shares

3 metrics

Shares withheld for taxes 1,165 shares Tax withholding on restricted stock vesting on 2026-05-13

Withholding price per share $168.46 per share Value used for the 1,165-share tax-withholding transaction

Shares owned after transaction 203,551 shares Direct ownership by Michael Rowles following tax withholding

Key Terms

restricted stock grants, tax-withholding disposition, Form 4, beneficial ownership

4 terms

restricted stock grants financial

"Represents shares withheld for tax purposes upon vesting of restricted stock grants."

Equity awards that give recipients actual company shares that cannot be sold, transferred, or are forfeitable until certain conditions—like time-based vesting, performance targets, or continued employment—are met. Like a gift card that only becomes usable after hitting milestones, restricted stock grants matter to investors because they affect how many shares may enter the market later, indicate insider ownership and incentives, and influence dilution and management alignment.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition for payment of tax liability."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 regulatory

"INSIDER FILING DATA (Form 4) detailing the reported transaction."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

beneficial ownership financial

"total_shares_following_transaction reflects beneficial ownership after withholding."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Live Nation (LYV) report for Michael Rowles?

Live Nation reported that EVP & General Counsel Michael Rowles had 1,165 common shares withheld to cover taxes on vested restricted stock. This was an automatic tax-withholding event, not an open-market sale, and reflects routine equity compensation administration.

How many Live Nation shares were withheld for Michael Rowles’ taxes?

A total of 1,165 Live Nation common shares were withheld to satisfy tax obligations upon vesting of restricted stock grants. The shares were valued at a reported price of $168.46 per share for this withholding transaction, according to the Form 4 filing.

Was Michael Rowles’ Live Nation transaction an open-market sale?

No. The Form 4 describes the transaction as shares withheld for tax purposes when restricted stock vested, using transaction code F. This means the issuer retained 1,165 shares to cover taxes rather than Rowles selling shares on the open market.

How many Live Nation shares does Michael Rowles hold after this transaction?

Following the tax-withholding transaction, Michael Rowles directly holds 203,551 shares of Live Nation common stock. This figure reflects his remaining ownership after 1,165 shares were withheld by the company to cover tax liabilities on vested restricted stock.

What does transaction code F mean in the Live Nation Form 4 for LYV?

Transaction code F on the Form 4 indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,165 Live Nation shares were withheld to cover taxes when restricted stock vested, making it a non-market, administrative disposition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 04:29 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rowles Michael

(Last) (First) (Middle)

C/O LIVE NATION ENTERTAINMENT, INC.

9348 CIVIC CENTER DRIVE

(Street)

BEVERLY HILLS CALIFORNIA 90210

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Live Nation Entertainment, Inc. [ LYV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/13/2026		F		1,165(1)	D	$168.46	203,551	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld for tax purposes upon vesting of restricted stock grants.

Remarks:

	Brian Capo, Attorney-in-Fact for Michael Rowles	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)