Berchtold Joe 4

What Happened
Joe Berchtold, President & Chief Financial Officer of Live Nation Entertainment (LYV), had 16,603 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. The shares were valued at $165.55 each, for a total value of $2,748,627. This was a tax withholding (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-05-22 at $165.55 per share.
• Shares withheld/disposed: 16,603 shares; total value ≈ $2,748,627.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnote: F1 — Represents shares withheld for tax purposes upon vesting of restricted stock grants.
• Filing timeliness: Report filed with accession date 2026-05-22 (no late filing indicated).

Context
Tax-withholding on vested restricted stock is a routine administrative transaction and does not represent an open-market sale or a directional bet by the insider. Such withholdings commonly reduce reported holdings but arise from compensation vesting rather than discretionary selling.