Rapino Michael 4
4 · Live Nation Entertainment, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Live Nation CEO Michael Rapino Receives Award; Withholds 16,697 Shares
What Happened
Michael Rapino, President & CEO and a director of Live Nation Entertainment (LYV), received an award of 61,895 restricted shares on March 12, 2026 (reported as acquisition code A at $0.00). Of those shares, 30,948 vested immediately and 30,947 will vest on March 12, 2027 subject to continued employment. To cover tax withholding on the vested portion, 16,697 shares were disposed (code F) at $160.32 per share, generating proceeds of $2,676,863.
Key Details
- Transaction date: March 12, 2026; Filing date: March 16, 2026 (reporting period March 12, 2026).
- Award: 61,895 restricted shares granted (reported acquisition price $0.00).
- Vesting: 50% (30,948) vested on issuance; remaining 50% (30,947) vests March 12, 2027, subject to continued employment (footnote F1).
- Tax withholding: 16,697 shares withheld/disposed to cover taxes at $160.32 each, proceeds $2,676,863 (footnote F2; disposition code F).
- Shares owned after transaction: Not stated in the provided filing excerpt.
- No 10b5-1 plan, late-filing flag, or other special instructions were reported in the provided data.
Context
This was an equity award (restricted stock) tied to 2025 performance goals, not an open-market buy or directional sale by the insider. The share “disposition” here reflects routine tax withholding when restricted shares vest (a common administrative transaction), not a separate market sale by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-12+61,895→ 4,263,483 total - Tax Payment
Common Stock
[F2]2026-03-12$160.32/sh−16,697$2,676,863→ 4,246,786 total
Footnotes (2)
- [F1]Represents shares of restricted stock issued upon certification by the Compensation Committee of the Board of Directors of the Issuer of the attainment of qualitative performance goals by the Reporting Person previously set in respect of the 2025 fiscal year. Of these shares, (a) 50% (30,948) vested on the date of issuance, and (b) the remaining 50% (30,947) will vest on March 12, 2027, subject to the Reporting Person's continued employment with the Issuer.
- [F2]Represents shares withheld for tax purposes upon vesting of the shares referred to in clause (a) of note 1 above.