Michael Rapino - 15 Dec 2025 Form 4 Insider Report for Live Nation Entertainment, Inc. (LYV)

Reporting relationship: President & CEO, Director
Issuer ticker: LYV
Reported as of: 15 Dec 2025
Net transaction value: -$34,491,535
SEC form: 4
Accepted by SEC: 17 Dec 2025, 16:22:01 UTC
Prior SEC filing: 26 Nov 2025
Next SEC filing: 05 Jan 2026
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 17 Dec 2025.

Key facts

This page summarizes Michael Rapino's Form 4 filing for Live Nation Entertainment, Inc. (LYV).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 17 Dec 2025, 16:22.

Change

Previous filing in this sequence was filed on 26 Nov 2025.
Current net transaction value: -$34,491,535.

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: 17 Dec 2025

Reported non-derivative transactions

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

LYV transaction

Common Stock

Options Exercise

Transaction value: $5,459,985
Shares: +282,024
Change %: +6.6%
Price: $19.36
Shares after: 4,573,020
Date: 15 Dec 2025
Ownership: Direct

LYV transaction

Common Stock

Tax liability

Transaction value: $24,033,611
Shares: -169,657
Change %: -3.7%
Price: $141.66
Shares after: 4,403,363
Date: 15 Dec 2025
Ownership: Direct
Footnotes: F1

LYV transaction

Common Stock

Disposed to Issuer

Transaction value: $15,917,909
Shares: -112,367
Change %: -2.6%
Price: $141.66
Shares after: 4,290,996
Date: 15 Dec 2025
Ownership: Direct

Reported derivative securities

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

LYV transaction Derivative

Stock Option (buy)

Options Exercise

Transaction value: $0
Shares: -282,024
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 282,024
Exercise price: $19.36
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

These shares underlying the stock options reflected in Table II were withheld to satisfy payment of the stock option exercise price and tax withholdings.

Footnote F2

The Reporting Person exercised stock options granted in 2016 that would otherwise have expired in February 2026 if not exercised during the Issuer's final open trading window for insiders (the "window") prior to such scheduled expiration of the 10-year term of the stock options. The window closed at the conclusion of the date on which these transactions were effectuated and will not reopen, and thus the Reporting Person would not have another opportunity to exercise the stock options, prior to the scheduled expiration of the stock options in February 2026. Following these transactions, the Reporting Person holds approximately 4.5 million shares of the Issuer's common stock and equity awards, consisting of both common stock and restricted stock holdings (as reflected in Table I above), and options to acquire additional shares of common stock.