Michael Rapino - 06 Aug 2025 Form 4 Insider Report for Live Nation Entertainment, Inc. (LYV)

Reporting relationship: President & CEO, Director
Issuer ticker: LYV
Reported as of: 06 Aug 2025
Net transaction value: -$6,053,859
SEC form: 4
Accepted by SEC: 08 Aug 2025, 16:50:33 UTC
Prior SEC filing: 02 Jun 2025
Next SEC filing: 28 Aug 2025
Source filing: View source filing
Reporting owner signature: Brian Capo, Attorney-in-Fact for Michael Rapino

Key filing fact

Michael Rapino filed Form 4 for Live Nation Entertainment, Inc. (LYV) on 08 Aug 2025.

Key facts

This page summarizes Michael Rapino's Form 4 filing for Live Nation Entertainment, Inc. (LYV).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 08 Aug 2025, 16:50.

Change

Previous filing in this sequence was filed on 02 Jun 2025.
Current net transaction value: -$6,053,859.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001337041 Primary reporting owner

Rapino Michael

Relationship: President & CEO, Director
Address: C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS
Signature: Brian Capo, Attorney-in-Fact for Michael Rapino
Signature date: 08 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LYV transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +150,604
Change %: +3.6%
Price: $0.000000
Shares after: 4,354,013
Date: 06 Aug 2025
Ownership: Direct
Footnotes: F1

LYV transaction

Common Stock

Tax liability

Transaction value: $6,053,859
Shares: -40,551
Change %: -0.93%
Price: $149.29
Shares after: 4,313,462
Date: 06 Aug 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LYV transaction Derivative

Performance Share Award

Options Exercise

Transaction value: $0
Shares: -150,604
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 06 Aug 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 150,604
Exercise price
Footnotes: F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Reporting person received this restricted stock award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 21, 2024, in connection with the vesting of a portion of a previously-issued performance share award upon the attainment of a stock price target, as further set forth in footnotes 3-5 below. 50% of these shares vested on August 6, 2025. The remaining shares will vest 20% on August 6, 2026, 20% on August 6, 2027 and 10% on December 31, 2027, as explained in footnote 5 below.

Footnote F2

Represents shares withheld for tax purposes upon vesting of restricted stock grants.

Footnote F3

Each performance share award represents the right to receive a share restricted stock upon attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE) over sixty days (which days to not have to be consecutive; the "Performance Targets") during a performance period beginning on July 1, 2022 and ending on December 31, 2027. Settlement will occur, and shares of restricted stock will be issued, if and when a particular Performance Target is met.

Footnote F4

The attainment of a stock price target resulted in the vesting and conversion of 150,604 performance shares into an equal number of shares of restricted stock reflected in Table 1.

Footnote F5

The shares of restricted stock issued in respect of performance share awards upon attainment of a particular Performance Target will vest, and the restrictions thereon will lapse, as follows: (i) 50% will vest on the date of attainment of the corresponding Performance Target, (ii) 20% will vest on the second anniversary of such attainment date, (iii) 20% will vest on the third anniversary of such attainment date, and (iv) the remaining 10% will vest on the third anniversary of such attainment date (to the extent such anniversary occurs before December 31, 2027). To the extent any earned Performance Target share awards remain unvested as of December 31, 2027, such shares will vest on December 31, 2027. Vesting of performance share awards and shares of restricted stock issued in respect thereof is subject to the reporting person's continued employment with Issuer through the applicable vesting date.