Live Nation (NYSE: LYV) GC uses 1,661 shares for tax withholding
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Shares withheld for taxes: 1,661 shares
Transaction price per share: $165.55 per share
Shares owned after transaction: 201,890 shares
+1 more
4 metrics
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
Key Terms
restricted stock grants, tax-withholding disposition, Form 4, Common Stock
4 terms
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.
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.
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.