Lineage, Inc. (LINE) HR chief reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lineage, Inc. executive Kelly Burlage reported mixed equity activity involving company common stock. Burlage received a grant of 616 shares of Common Stock at $0.00 per share, issued upon earnout and vesting of performance-based restricted stock units under the 2025 Bonus Program.
On the same date, 214 shares of Common Stock at $38.30 per share were disposed of through a tax-withholding transaction, with shares withheld by the company to satisfy tax obligations arising from the vesting of restricted stock units. After these transactions, Burlage held 12,470.1600 shares of Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Burlage Kelly
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 616 | $0.00 | -- |
| Tax Withholding | Common Stock | 214 | $38.30 | $8K |
Holdings After Transaction:
Common Stock — 12,684.16 shares (Direct)
Footnotes (1)
- Represents shares of Common Stock that were issued upon earnout and vesting of performance-based restricted stock units under the 2025 Bonus Program. Represents shares withheld by the Issuer in satisfaction of tax withholding obligations resulting from the vesting of restricted stock units.
FAQ
What insider transaction did Lineage, Inc. (LINE) report for Kelly Burlage?
Lineage, Inc. reported that Kelly Burlage received 616 shares of Common Stock from performance-based RSU vesting and had 214 shares withheld to cover tax obligations tied to that vesting, all reported as direct ownership changes.
Was Kelly Burlage’s Form 4 for LINE a stock purchase or sale?
The Form 4 shows no open-market purchase or sale. Burlage acquired 616 shares via an award vesting and disposed of 214 shares through a tax-withholding transaction, where the issuer withheld shares to satisfy related tax liabilities from vested restricted stock units.
What is the role of Kelly Burlage at Lineage, Inc. (LINE) mentioned in the Form 4?
Kelly Burlage is identified as the Chief Human Resources Officer of Lineage, Inc. The reported equity transactions relate to compensation in the form of performance-based restricted stock units under the company’s 2025 Bonus Program and associated tax withholding.