Berchtold Joe 4

What Happened Joe Berchtold, President & CFO of Live Nation Entertainment (LYV), had 11,643 shares withheld to satisfy tax obligations upon the vesting of restricted stock. The shares were valued at $168.46 each, totaling approximately $1,961,380. This was a tax-withholding disposition (routine), not an open-market sale signaling a change in investment stance.

Key Details

• Transaction date: 2026-05-13; Filing date: 2026-05-15 (appears timely).
• Price per share: $168.46; Shares withheld/disposed: 11,643; Total value: ~$1,961,380.
• Transaction code: F (shares withheld for tax purposes). Footnote F1 confirms withholding on RSU vesting.
• Shares owned after the transaction: not specified in the provided filing.
• This is a withholding/cashless disposition to cover taxes, not a voluntary sale or purchase.

Context Withholding shares at vesting is a common, routine administrative transaction to meet tax liabilities and does not necessarily reflect the insider’s view on the company’s prospects. For investors, purchases generally carry more informational weight than routine withholdings like this one.