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Live Nation (LYV) CEO Michael Rapino reports 32,161-share tax withholding

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

Rhea-AI Filing Summary

Live Nation Entertainment’s President and CEO Michael Rapino reported a routine share withholding for taxes. On 01/01/2026, 32,161 shares of Live Nation Entertainment, Inc. common stock were disposed of at a price of $145.31 per share, identified with transaction code "F," which indicates shares withheld to cover taxes upon vesting of restricted stock grants.

After this tax-related transaction, Rapino beneficially owned 4,258,835 shares of Live Nation common stock in direct form. The filing also confirms his roles as both a Director and as President & CEO of the company, and notes that the transaction was reported by one reporting person.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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 CA 90210

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Live Nation Entertainment, Inc. [ LYV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 01/01/2026 F 32,161(1) D $145.31 4,258,835 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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 Rapino 01/05/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Live Nation (LYV) report for Michael Rapino?

The report shows that Michael Rapino had 32,161 shares of Live Nation common stock withheld on 01/01/2026 to cover taxes upon vesting of restricted stock grants, coded as an "F" transaction.

At what price were Michael Rapino’s Live Nation (LYV) shares withheld for taxes?

The shares were withheld at a price of $145.31 per share in connection with the tax withholding on vested restricted stock.

How many Live Nation (LYV) shares does Michael Rapino own after this transaction?

Following the reported transaction, Michael Rapino beneficially owned 4,258,835 shares of Live Nation Entertainment, Inc. common stock in direct ownership.

What does transaction code "F" mean in this Live Nation (LYV) insider filing?

In this context, transaction code "F" indicates shares that were withheld for tax purposes upon the vesting of restricted stock grants, rather than an open-market purchase or sale.

What is Michael Rapino’s role at Live Nation (LYV) according to this filing?

The filing lists Michael Rapino as both a Director and an Officer, specifically serving as President & CEO of Live Nation Entertainment, Inc.

Was the Live Nation (LYV) insider filing made by one or multiple reporting persons?

The document indicates that the form was filed by one reporting person, covering Michael Rapino’s holdings and the tax-related share withholding.
Live Nation Entertainment Inc

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Entertainment
Services-amusement & Recreation Services
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United States
BEVERLY HILLS