Rapino Michael 4

What Happened
Michael Rapino, President & CEO (and Director) of Live Nation Entertainment (LYV), had 18,874 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. The shares were valued at $140.84 each, totaling approximately $2,658,214. This was a tax-withholding disposition (Form 4 code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-02-06; Filing date (Form 4): 2026-02-10 (Accession 0001337041-26-000007).
• Price: $140.84 per share; Shares withheld/disposed: 18,874; Total value ≈ $2,658,214.
• Transaction code: F (payment of exercise price or tax liability); Footnote F1: shares withheld for tax purposes upon vesting of restricted stock grants.
• Shares owned after the transaction: not provided in the information supplied.
• No 10b5-1 plan, late-filing flag, or other special conditions were indicated in the excerpt provided.

Context
Tax-withholding by the company on vested restricted stock is a routine administrative transaction that reduces the insider’s outstanding shares to cover tax obligations. Such withholdings are not the same as voluntary open-market sales and should be interpreted differently from discretionary insider sell/buy decisions.