Live Nation (LYV) director Hollingsworth receives 1,207-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hollingsworth Chad reported acquisition or exercise transactions in this Form 4 filing.
Live Nation Entertainment, Inc. director Chad Hollingsworth received a grant of 1,207 shares of common stock as a restricted stock award, with no cash paid per share. Following this award, he directly holds 14,990 shares. The restricted shares will vest in full on June 11, 2027 under the company’s 2005 Stock Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hollingsworth Chad
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,207 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,990 shares (Direct, null)
Footnotes (1)
- Represents a restricted stock award. These shares will vest in full on June 11, 2027. Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 21, 2024.
Key Figures
Restricted stock award: 1,207 shares
Award price: $0.0000 per share
Post-award holdings: 14,990 shares
+1 more
4 metrics
Restricted stock award
1,207 shares
Common stock grant on June 11, 2026
Award price
$0.0000 per share
Reported transaction price for grant
Post-award holdings
14,990 shares
Total common shares directly held after transaction
Vesting date
June 11, 2027
Restricted stock vests in full on this date
Key Terms
restricted stock award, Stock Incentive Plan, Form 4
3 terms
restricted stock award financial
"Represents a restricted stock award. These shares will vest in full on June 11, 2027."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Stock Incentive Plan financial
"received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 21, 2024."
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
What did Live Nation (LYV) director Chad Hollingsworth report in this Form 4?
Chad Hollingsworth reported receiving a grant of 1,207 shares of Live Nation common stock as a restricted stock award. The award was issued at no cash cost per share as part of his director compensation.
What plan governed Chad Hollingsworth’s restricted stock award at Live Nation (LYV)?
The award was granted under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 21, 2024. This plan governs equity-based compensation awards made to eligible participants, including directors.
Was Chad Hollingsworth’s Live Nation (LYV) restricted stock award an open-market purchase?
No. The Form 4 identifies the transaction with code A, a grant or award acquisition. It is a restricted stock award granted as compensation at a reported price of $0.0000 per share, not an open-market stock purchase.