STOCK TITAN

Live Nation (LYV) CEO Rapino has shares withheld to cover restricted stock taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Live Nation Entertainment President & CEO Michael Rapino reported a routine tax-related share disposition. On the reported date, 17,464 shares of Common Stock were withheld at $168.4600 per share to cover tax obligations tied to the vesting of restricted stock grants.

This was classified as a tax-withholding disposition, not an open-market sale. After this transaction, Rapino directly holds 4,204,418 shares of Live Nation Entertainment common stock.

Positive

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Insider Rapino Michael
Role President & CEO
Type Security Shares Price Value
Tax Withholding Common Stock 17,464 $168.46 $2.94M
Holdings After Transaction: Common Stock — 4,204,418 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 17,464 shares Tax-withholding disposition tied to restricted stock vesting
Withholding price per share $168.4600 per share Value used for tax-withheld shares
Shares owned after transaction 4,204,418 shares Direct LYV common stock holdings after tax withholding
tax-withholding disposition financial
"This was classified as a tax-withholding disposition, not an open-market sale."
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
"tax purposes upon vesting of restricted stock grants."
Common Stock financial
"shares of Common Stock were withheld at $168.4600 per share"
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
"Michael Rapino’s Live Nation (LYV) Form 4 a stock sale?"
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.
SEC Form 4
FORM 4UNITED 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*
Rapino 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/13/2026F17,464(1)D$168.464,204,418D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Rapino05/15/2026
** Signature of Reporting PersonDate
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 Live Nation (LYV) CEO Michael Rapino report?

Michael Rapino reported a tax-withholding disposition of 17,464 Live Nation shares. These shares were withheld by the company to cover taxes due upon vesting of restricted stock grants, rather than sold in the open market.

Was Michael Rapino’s Live Nation (LYV) Form 4 a stock sale?

The Form 4 shows a tax-withholding disposition, not an open-market stock sale. Shares were automatically withheld to satisfy tax obligations from vested restricted stock, a common administrative event in equity compensation plans.

How many Live Nation (LYV) shares were withheld for Michael Rapino’s taxes?

A total of 17,464 Live Nation common shares were withheld for tax purposes. The withholding occurred in connection with the vesting of restricted stock grants, using a price per share of $168.4600 as reported.

What is Michael Rapino’s Live Nation (LYV) shareholding after this Form 4?

Following the reported tax-withholding transaction, Michael Rapino directly owns 4,204,418 shares of Live Nation common stock. This figure reflects his position after the 17,464 shares were withheld to cover tax liabilities on vested restricted stock.

What does transaction code F mean on Michael Rapino’s Live Nation (LYV) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 17,464 shares were withheld for taxes upon vesting of restricted stock, classifying the event as a tax-withholding disposition.