Live Nation (LYV) CFO has 16,603 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Live Nation Entertainment, Inc. President & CFO Joe Berchtold reported an automatic share disposition related to tax withholding. On the vesting of restricted stock grants, 16,603 shares of common stock were withheld at $165.55 per share to cover tax obligations, rather than being sold in the open market. Following this tax-withholding event, he directly holds 912,451 shares of Live Nation common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berchtold Joe
Role
President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 16,603 | $165.55 | $2.75M |
Holdings After Transaction:
Common Stock — 912,451 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 16,603 shares
Withholding price: $165.55 per share
Shares held after transaction: 912,451 shares
+2 more
5 metrics
Shares withheld for taxes
16,603 shares
Withheld for tax purposes on restricted stock vesting
Withholding price
$165.55 per share
Value used for tax-withholding shares
Shares held after transaction
912,451 shares
Direct common stock ownership after withholding
Tax-withholding transactions
1 transaction
Count of F-code tax-withholding events reported
Tax-withholding shares summary
16,603 shares
TaxWithholdingShares in transaction summary
Key Terms
tax-withholding disposition, restricted stock grants, Common Stock, Form 4
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the F-coded transaction"
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.
restricted stock grants financial
"Footnote states shares were withheld for tax purposes upon vesting of restricted stock grants"
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes this insider 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.
FAQ
What insider transaction did Live Nation (LYV) report for Joe Berchtold?
Live Nation reported a tax-withholding disposition for Joe Berchtold. 16,603 common shares were withheld to cover taxes upon vesting of restricted stock grants, rather than sold on the market, and he now directly holds 912,451 shares.
What does the F transaction code mean in Joe Berchtold’s Live Nation (LYV) Form 4?
The F code indicates a tax-withholding disposition. It means shares were delivered to the issuer to cover the exercise price or tax liability, here specifically 16,603 shares withheld for taxes on vesting restricted stock grants.