Form 4: Live Nation Entertainment EVP Michael Rowles Reports Stock Transaction
SEC Form 4 Filing
Michael Rowles, EVP & General Counsel of Live Nation Entertainment, reports disposition of 553 shares for tax purposes following vesting of restricted stock.
Summary
- On February 26, 2024, Michael Rowles, EVP & General Counsel of Live Nation Entertainment, disposed of 553 shares of common stock to cover tax obligations.
- The shares were withheld for tax purposes upon the vesting of restricted stock grants.
- The transaction was executed at a price of $92.17 per share.
- Following the transaction, Rowles directly owns 157,233 shares of Live Nation Entertainment.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This transaction is related to compensation and tax obligations, and is not necessarily indicative of a change in sentiment regarding the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock transaction (disposal of shares). |
| 02/28/2024 | Date of signature on the Form 4 filing. |
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