Live Nation (LYV) CFO Berchtold has 11,643 shares withheld for tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Live Nation Entertainment President & CFO Joe Berchtold reported a routine tax-withholding transaction tied to equity compensation. On this Form 4, 11,643 shares of common stock were withheld at $168.46 per share to cover taxes upon vesting of restricted stock grants, rather than sold in the open market. After this withholding, Berchtold directly holds 929,054 shares of Live Nation common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berchtold Joe
Role
President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 11,643 | $168.46 | $1.96M |
Holdings After Transaction:
Common Stock — 929,054 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for tax: 11,643 shares
Withholding price: $168.46 per share
Shares held after transaction: 929,054 shares
3 metrics
Shares withheld for tax
11,643 shares
Withheld upon vesting of restricted stock grants
Withholding price
$168.46 per share
Value used for tax-withholding disposition
Shares held after transaction
929,054 shares
Direct holdings following tax-withholding event
Key Terms
tax-withholding disposition, restricted stock grants, Form 4
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock grants financial
"Represents shares withheld for tax purposes upon vesting of restricted stock grants."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Live Nation (LYV) report for Joe Berchtold?
Joe Berchtold reported a tax-withholding disposition of 11,643 Live Nation shares. These shares were withheld by the company to cover taxes on vested restricted stock, rather than sold on the open market.
What does the tax-withholding code F mean in the Live Nation (LYV) Form 4?
Code F in this Form 4 indicates shares were disposed of to pay tax liabilities. For Live Nation, 11,643 shares tied to Joe Berchtold’s restricted stock vesting were withheld, satisfying taxes without an open-market sale.