Rapino Michael 4

What Happened Michael Rapino, President & CEO (and Director) of Live Nation Entertainment, had 17,464 shares disposed (withheld) to satisfy tax withholding obligations tied to vesting restricted stock. The withholding was recorded at $168.46 per share for a total value of approximately $2,941,985. This is an administrative tax-withholding event tied to compensation vesting, not an open-market sale intended as a cash liquidity trade.

Key Details

• Transaction date: 2026-05-13
• Filing date: 2026-05-15 (appears timely)
• Transaction code: F — payment of exercise price or tax liability (shares withheld)
• Shares withheld/Disposed: 17,464 at $168.46 per share; total ≈ $2,941,985
• Footnote: F1 — shares were withheld for tax purposes upon vesting of restricted stock grants
• Shares owned after transaction: not specified in the provided filing excerpt

Context Withholding shares to cover taxes when restricted stock vests is a routine administrative action and is reported as a disposal on Form 4. It does not necessarily indicate insider sentiment about the company’s stock price in the way an open-market sale or purchase might. Purchases or open-market sales are generally more informative about trading intent.