This is a routine leadership succession and compensation amendment with no earnings or operational data. Monitor for any future 8-Ks regarding the new General Counsel's compensation or strategic changes.
How the stock moved after the report
NEUTRAL VIEWSTOCK BELOW ENTRY AT T+20- T+0 · Sep 25 $171.89entry
- T+1 · 5w ago −0.47%α −0.28% · $171.09
- T+5 · 5w ago −0.71%α −1.91% · $170.67
- T+20 · 13d ago −0.28%α −0.25% · $171.41
- T+28 · todayOpen
- T+60 · in 7w Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Live Nation announced the planned transition of General Counsel Michael Rowles to a Senior Legal Advisor role effective January 1, 2028, with a reduced base salary of $500,000 and no bonus, while hiring Da-Wai Hu as the new EVP, General Counsel and Secretary starting November 2, 2026. The filing is a routine officer succession and compensation arrangement with no material financial impact.
Key Facts
- Michael Rowles' employment agreement extended to December 31, 2029; title changes to Senior Legal Advisor effective January 1, 2028.
- Rowles' base salary reduced to $500,000 effective January 1, 2028, with no contractual bonus opportunity.
- Da-Wai Hu hired as EVP, General Counsel and Secretary, effective November 2, 2026.
- Rowles' severance upon termination without cause or for good reason after December 31, 2027 equals base salary for the remainder of the term through December 31, 2029.
Financial Impact
No material financial impact; Rowles' salary reduction from an undisclosed prior level to $500,000 is a routine compensation change.
Risk Factors
- No material risks identified from this filing.
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001335258-26-000038 |
| Exhibit: ex101-rowlesfirstamendment.htm | 0001335258-26-000038 |
| Document: 0001335258-26-000038-index-headers.html | 0001335258-26-000038 |
| Document: 0001335258-26-000038-index.html | 0001335258-26-000038 |
| Document: 0001335258-26-000038.txt | 0001335258-26-000038 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 4, 2026 today | 3 | $183.18 | awaiting T+5 | awaiting T+5 | $178.87 (−2.35%) |
Oct 27, 2026 8d ago | Institutional Cluster | $172.50 $183.18 | ▲ +6.19% | ▲ +6.90% | $178.87 (+3.69%) |
Oct 26, 2026 10d ago | Court Ruling | $171.97 $178.87 | ▲ +4.01% | ▲ +6.00% | $178.87 (+4.01%) |
Oct 16, 2026 19d ago | 8-K | $170.80 $172.58 | ▲ +1.04% | ▲ +1.19% | $178.87 (+4.72%) |
Oct 9, 2026 26d ago | 8-K | $169.64 $170.80 | ▲ +0.68% | ▲ +2.18% | $178.87 (+5.44%) |
Oct 2, 2026 4w ago | 8-K | $170.67 $169.64 | ▼ −0.60% | ▼ −1.03% | $178.87 (+4.80%) |
Sep 25, 2026 5w ago | 8-K | $171.89 $170.67 | ▼ −0.71% | ▼ −1.91% | $178.87 (+4.06%) |
May 8, 2026 25w ago | Insider Cluster | $166.79 $166.38 | ▼ −0.25% | ▼ −1.86% | $178.87 (+7.24%) |
May 8, 2026 25w ago | Insider Cluster | $162.65 $166.79 | ▲ +2.55% | ▲ +2.63% | $178.87 (+9.97%) |
May 8, 2026 25w ago | Insider Cluster | $166.79 $166.38 | ▼ −0.25% | ▼ −1.86% | $178.87 (+7.24%) |
US Market Status
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