4/A: Live Nation Executive John Hopmans Corrects Stock Transaction Reporting

John Hopmans, EVP of M&A and Strategic Finance at Live Nation Entertainment, files an amended Form 4/A to correct the number of shares withheld for tax purposes and the number of securities beneficially owned after a previous transaction.

Summary

• John Hopmans, EVP of M&A and Strategic Finance at Live Nation Entertainment, filed an amended SEC Form 4/A on October 02, 2024.
• The amendment corrects the number of shares withheld for tax purposes upon the vesting of restricted stock grants, which was initially misreported in the original filing on July 12, 2024.
• The original Form 4 filing incorrectly stated that 14,740 shares were withheld for tax purposes due to a scrivener's error; the corrected number is 15,147 shares.
• The amendment also corrects the number of securities beneficially owned following the reported transactions, reflecting the accurate amount after the tax withholding.
• The transaction date for the reported activity is July 11, 2024, where 15,147 shares of common stock were disposed of to cover tax obligations at a price of $95.88 per share.
• Following the transaction, Hopmans beneficially owns 84,716 shares of Live Nation Entertainment common stock directly.

Sentiment

Score: 7

Explanation: The document is a routine correction of a clerical error in a regulatory filing, indicating a neutral sentiment. The correction ensures accuracy and compliance, which is a positive aspect.

Industry Context

This filing is a routine disclosure related to executive stock transactions and is typical for publicly traded companies. It ensures transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction ensures accurate reporting to shareholders and the public, maintaining transparency.

Key Dates