Live Nation (NYSE: LYV) EVP sells 93,078 shares after option exercise

Rhea-AI Filing Summary

Live Nation Entertainment EVP, M&A and Strategic Finance John Hopmans exercised stock options and sold shares of company stock. He exercised employee stock options covering 83,480 shares of common stock at an exercise price of $29.03 per share, then sold a total of 93,078 common shares in multiple open-market sales at prices in the mid-$160s per share.

Following these transactions, Hopmans directly owns 188,751 shares of Live Nation common stock. The options he exercised were granted on March 16, 2017 under the company’s 2005 Stock Incentive Plan and would have expired in March 2027 if not exercised.

Insider Trade Summary

Net Seller: 93,078 shares ($15,457,892)

Net Sell 8 txns

Insider Hopmans John

Role EVP, M&A and Strategic Finance

Sold 93,078 shs ($15.46M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (buy)	83,480	$0.00	--
Sale	Common Stock	3,620	$166.19	$602K
Sale	Common Stock	5,978	$166.78	$997K
Exercise	Common Stock	83,480	$29.03	$2.42M
Sale	Common Stock	18,940	$164.37	$3.11M
Sale	Common Stock	12,796	$165.81	$2.12M
Sale	Common Stock	46,991	$166.60	$7.83M
Sale	Common Stock	4,753	$167.41	$796K

Holdings After Transaction: Stock Option (buy) — 0 shares (Direct, null); Common Stock — 194,729 shares (Direct, null)

Footnotes (1)

1. This transaction was executed in multiple trades at prices ranging from $165.44 to $166.43. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $166.45 to $167.25. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $163.96 to $164.81. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $165.16 to $166.15. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $166.16 to $167.15. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $167.20 to $167.61. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. The exercise of employee stock options by the reporting person that were granted approximately 9 years ago would expire in March 2027 if not exercised during an open trading window prior to such expiration. The reporting person received the stock options on March 16, 2017 under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015. The stock options vested in two equal annual installments on March 31, 2018 and March 31, 2019.

Key Figures

Shares sold: 93,078 shares Options exercised: 83,480 shares Option exercise price: $29.03 per share +2 more

5 metrics

Shares sold 93,078 shares Total open-market sales of common stock

Options exercised 83,480 shares Employee stock options converted to common stock

Option exercise price $29.03 per share Exercise price for 83,480 stock options

Post-transaction holdings 188,751 shares Direct ownership of Live Nation common stock after transactions

Option expiration March 16, 2027 Expiration date of exercised employee stock options

Key Terms

open-market sale, Stock Option (buy), weighted average sale price, 2005 Stock Incentive Plan, +1 more

5 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Stock Option (buy) financial

"security_title": "Stock Option (buy)""

weighted average sale price financial

"The price reported reflects the weighted average sale price."

2005 Stock Incentive Plan financial

"under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended"

employee stock options financial

"The exercise of employee stock options by the reporting person"

Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.

Form 4 Insider Transactions: What Each Field Means →

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^*

Hopmans John

(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, M&A and Strategic Finance

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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	05/07/2026		S		3,620	D	$166.19(1)	194,729	D
Common Stock	05/07/2026		S		5,978	D	$166.78(2)	188,751	D
Common Stock	05/07/2026		M		83,480	A	$29.03	272,231	D
Common Stock	05/07/2026		S		18,940	D	$164.37(3)	253,291	D
Common Stock	05/07/2026		S		12,796	D	$165.81(4)	240,495	D
Common Stock	05/07/2026		S		46,991	D	$166.6(5)	193,504	D
Common Stock	05/07/2026		S		4,753	D	$167.41(6)	188,751	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
Stock Option (buy)	$29.03	05/07/2026		M			83,480	(7)	03/16/2027	Common Stock	83,480	$0	0	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $165.44 to $166.43. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

2. This transaction was executed in multiple trades at prices ranging from $166.45 to $167.25. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

3. This transaction was executed in multiple trades at prices ranging from $163.96 to $164.81. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

4. This transaction was executed in multiple trades at prices ranging from $165.16 to $166.15. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

5. This transaction was executed in multiple trades at prices ranging from $166.16 to $167.15. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

6. This transaction was executed in multiple trades at prices ranging from $167.20 to $167.61. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

7. The exercise of employee stock options by the reporting person that were granted approximately 9 years ago would expire in March 2027 if not exercised during an open trading window prior to such expiration. The reporting person received the stock options on March 16, 2017 under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015. The stock options vested in two equal annual installments on March 31, 2018 and March 31, 2019.

Remarks:

	Brian Capo, Attorney-in-Fact for John Hopmans	05/08/2026
	** 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)

FAQ

What insider transaction did LYV executive John Hopmans report?

John Hopmans reported exercising employee stock options and selling Live Nation common stock. He exercised options for 83,480 shares at $29.03 per share and sold 93,078 shares in multiple open-market transactions at prices in the mid-$160s per share.

How many Live Nation (LYV) shares did John Hopmans sell?

John Hopmans sold 93,078 shares of Live Nation common stock in several open-market sales. Individual sale prices ranged in the mid-$160s per share, reflecting weighted average prices disclosed for trades executed within specified intraday price ranges.

What stock options did John Hopmans exercise at Live Nation (LYV)?

John Hopmans exercised employee stock options covering 83,480 shares of Live Nation common stock at an exercise price of $29.03 per share. These options were granted on March 16, 2017 and vested in two equal installments on March 31, 2018 and March 31, 2019.

How many LYV shares does John Hopmans hold after these transactions?

After the reported transactions, John Hopmans directly holds 188,751 shares of Live Nation common stock. This post-transaction balance reflects his remaining direct ownership following the option exercise and subsequent open-market sales disclosed in the Form 4 filing.

When were the exercised Live Nation (LYV) stock options set to expire?

The employee stock options exercised by John Hopmans would have expired in March 2027 if not exercised earlier. They were granted on March 16, 2017 under Live Nation’s 2005 Stock Incentive Plan and became fully vested by March 31, 2019, according to the disclosure.

Were John Hopmans’ LYV share sales executed in open-market transactions?

Yes. The Form 4 describes the 93,078 LYV share dispositions as open-market sales. Footnotes state each sale was executed in multiple trades within specified price ranges, and the reported prices represent weighted average sale prices for those aggregated trades.