STOCK TITAN

Live Nation (NYSE: LYV) GC uses 1,661 shares for tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Live Nation Entertainment, Inc. executive Michael Rowles, EVP & General Counsel, reported a routine share transaction related to equity compensation. On May 22, 2026, 1,661 shares of common stock were disposed of at $165.55 per share to cover tax obligations upon vesting of restricted stock grants.

This tax-withholding disposition was not an open-market sale. After the transaction, Rowles directly owned 201,890 shares of Live Nation common stock, showing he retains a substantial equity position following the compensation-related withholding.

Positive

  • None.

Negative

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Insider Rowles Michael
Role EVP & General Counsel
Type Security Shares Price Value
Tax Withholding Common Stock 1,661 $165.55 $275K
Holdings After Transaction: Common Stock — 201,890 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,661 shares Common stock used for tax withholding on May 22, 2026
Transaction price per share $165.55 per share Value applied to shares withheld for tax purposes
Shares owned after transaction 201,890 shares Direct ownership of Michael Rowles following tax-withholding disposition
Tax-withholding share count 1,661 shares Reported as taxWithholdingShares in transaction summary
restricted stock grants financial
"Represents shares withheld for tax purposes upon vesting of restricted stock grants."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
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.
Common Stock financial
"security_title": "Common Stock""
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.
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*
Rowles 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026
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 Stock05/22/2026F1,661(1)D$165.55201,890D
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 Rowles05/22/2026
** 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 did Live Nation (LYV) executive Michael Rowles report in this Form 4?

Michael Rowles reported a tax-related share disposition. He used 1,661 shares of Live Nation common stock, valued at $165.55 per share, to satisfy tax withholding tied to vested restricted stock, rather than making an open-market sale.

Was the Live Nation (LYV) Form 4 transaction an open-market sale?

No, it was not an open-market sale. The filing shows a code "F" transaction, meaning 1,661 shares were withheld to cover tax liabilities upon vesting of restricted stock grants, as noted in the footnote, instead of being sold on the open market.

How many Live Nation (LYV) shares does Michael Rowles hold after this Form 4?

Michael Rowles directly holds 201,890 shares after the transaction. Following the tax-withholding disposition of 1,661 shares, his reported direct ownership position in Live Nation common stock is 201,890 shares, indicating he continues to maintain a sizable stake.

What does transaction code "F" mean in this Live Nation (LYV) Form 4?

Code "F" indicates a tax-withholding disposition. In this case, 1,661 shares of Live Nation common stock were delivered to satisfy tax obligations related to vested restricted stock, rather than representing a discretionary buy or sell decision in the open market.

What price per share was used in the Live Nation (LYV) tax-withholding transaction?

The transaction used a price of $165.55 per share. The Form 4 reports that the 1,661 shares withheld for tax purposes upon vesting of restricted stock grants were valued at $165.55 each for this compensation-related disposition.