Rowles Michael

EVP & General Counsel Rowles executes full-cycle wash: 63.8K shares acquired then immediately sold for $10.5M net gain.

Michael Rowles, EVP & General Counsel of Live Nation, exercised options for nearly 64,000 shares and sold all of them the same day, netting approximately $10.5 million. This is a classic stock-option exercise-and-liquidate pattern—the insider acquired shares via equity compensation, then immediately sold them at higher prices, realizing a substantial gain. The stock is trading modestly below its 52-week high after rallying over recent months, suggesting no distress sale. Rowles' prior trading history at this ticker is exclusively sales (5 prior exits), and those sales had mixed timing results: most saw the stock rise afterward (poorly-timed exits), though one prior sale proved well-timed as the stock subsequently fell. This current transaction is fundamentally different—it reflects option vesting and liquidity needs rather than a market view. The company itself remains profitable and growing, with strong recent revenue momentum.

LYV EVP & General Counsel Rowles sells 91,964 shares for $14.1M across 4 trades (Feb 24-25); -32.0% of holdings

Michael Rowles, EVP & General Counsel, executed 4 separate sales totaling 91,964 shares for $14,055,302.38 between February 24-25, reducing his stake from 287,310 shares to 195,346 shares—a 32.0% reduction in holdings. The blended average sale price of $152.83 is near the 52-week high of $154.66, suggesting execution at elevated valuations; the current price of $142.16 represents an 8.1% discount from the 52-week peak. Rowles' prior two sales at LYV both saw positive 90-day returns (17.6% and 6.2%), indicating his historical timing at this ticker has not predicted declines. With a P/E of 40.62 and annual revenue growth of only 1.8%, the stock trades at a premium multiple against modest organic growth, which may provide context for the liquidation's timing and scale.

EVP & General Counsel Rowles sells 35,000 LYV shares at $97.64; stock up 9.6% in 90 days post-sale.

Rowles Michael, EVP & General Counsel, sold 35,000 shares (167.4K shares remaining, a -17.3% reduction in holdings) at $97.64 on 2024-09-11 for $3.4M. The company generated $6.0B in revenue and 36.4% annual revenue growth, operating at a P/E of 43.04 and market cap of $22.6B. Following this sale, the stock gained 9.6% over the subsequent 90 days, consistent with his prior LYV sale on 2023-05-08 which saw a +12.5% 90-day return. His cross-ticker track record shows 0 of 1 prior sells were well-timed (sells are well-timed when stocks decline afterward), suggesting a pattern of selling into strength rather than ahead of weakness.