Live Nation CEO granted 61,895 restricted shares
Live Nation Entertainment President & CEO Michael Rapino received 61,895 shares of restricted common stock as a performance-based award for the 2025 fiscal year.
Rhea-AI Filing Summary
Live Nation Entertainment President & CEO Michael Rapino received 61,895 shares of restricted common stock as a performance-based award for the 2025 fiscal year. According to the disclosure, 30,948 shares vested immediately, while 30,947 are scheduled to vest on March 12, 2027, contingent on his continued employment.
The company withheld 16,697 shares at a price of $160.32 per share to cover tax obligations related to the vesting. After these compensation-related transactions, Rapino directly holds 4,246,786 shares of Live Nation common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 61,895 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 16,697 | $160.32 | $2.68M |
Footnotes (2)
- F1. Represents shares of restricted stock issued upon certification by the Compensation Committee of the Board of Directors of the Issuer of the attainment of qualitative performance goals by the Reporting Person previously set in respect of the 2025 fiscal year. Of these shares, (a) 50% (30,948) vested on the date of issuance, and (b) the remaining 50% (30,947) will vest on March 12, 2027, subject to the Reporting Person's continued employment with the Issuer.
- F2. Represents shares withheld for tax purposes upon vesting of the shares referred to in clause (a) of note 1 above.
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