Form 4: Director Chad Hollingsworth Receives Live Nation Stock Grant
Statement of Changes in Beneficial Ownership
Live Nation Entertainment director Chad Hollingsworth acquired 1,207 shares of common stock via a restricted stock award.
Summary
- Director Chad Hollingsworth was granted 1,207 shares of Live Nation Entertainment (LYV) common stock.
- The transaction occurred on June 11, 2026.
- The shares were issued as a restricted stock award under the company's 2005 Stock Incentive Plan.
- Following this transaction, the director's total beneficial ownership stands at 14,990 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company strategy or financial health.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- The grant reflects standard corporate governance practices for director compensation.
Negatives
- None identified.
Risks
- Standard market risks associated with equity ownership in the entertainment sector.
Future Outlook
The restricted stock award is scheduled to vest in full on June 11, 2027.
Industry Context
StockSavvy.ai notes that director equity grants are standard practice in the live entertainment industry to ensure long-term alignment between board members and corporate performance.
Comparison to Industry Standards
- The grant is consistent with standard director compensation packages for large-cap entertainment companies.
- The use of a one-year cliff vesting period is a common retention and alignment mechanism.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of restricted stock under the 2005 Stock Incentive Plan. | 06/11/2026 | Neutral; standard alignment of director incentives. |
Stakeholder Impact
- Minimal impact on shareholders as the grant represents a standard component of director compensation.
Next Steps
- Vesting of the 1,207 shares on June 11, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/11/2026 | Date of the restricted stock award transaction. |
| 06/11/2027 | Vesting date for the 1,207 restricted shares. |
| 06/12/2026 | Date of filing. |
Keywords
Live Nation, LYV, Insider Trading, Form 4, Director Compensation, Equity Grant
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