Paul Richard A. 4

What Happened
Paul Richard (Director) was granted a restricted stock award of 1,207 shares in Live Nation Entertainment (LYV) on June 11, 2026. The Form 4 reports the shares as acquired at $0.00 (award), meaning the grant was recorded as an award rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-06-11; reported on Form 4 filed 2026-06-12 (timely filing).
• Transaction type/code: A — Award/Grant.
• Shares granted: 1,207; price shown: $0.00 (typical for restricted stock awards).
• Vesting: These shares vest in full on June 11, 2027 (Footnote F1).
• Plan: Award issued under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated March 21, 2024 (Footnote F2).
• Shares owned following the transaction: Not specified in this filing.
• No indication of 10b5-1 trading plan, cashless exercise, tax withholding, or a sale in this filing.

Context
Restricted stock awards are common compensation for directors and executives; they give the recipient rights to shares that typically vest over time and are not an immediate open-market purchase or sale. Because the grant vests next year, the director does not have full ownership until the vesting date and may be subject to company-imposed restrictions until then. This filing simply reports the grant — it is not a market buy or sale that immediately signals trading intent.