Stock from 2025 bonus vests for Lineage (LINE) officer as shares withheld

Rhea-AI Filing Summary

Lineage, Inc. officer Natalie Matsler reported a stock award and related tax withholding. She acquired 3,767 shares of common stock on an award valued at $0 per share, issued upon earnout and vesting of performance-based restricted stock units under the 2025 Bonus Program. On the same date, 1,514 shares at $38.30 per share were withheld by the company to cover tax obligations triggered by this vesting. After these transactions, she directly holds 2,253 shares of Lineage common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Matsler Natalie

(Last) (First) (Middle)

C/O LINEAGE, INC.

46500 HUMBOLDT DRIVE

(Street)

NOVI MI 48377

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Lineage, Inc. [ LINE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks.

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	02/23/2026		A		3,767	A	$0(1)	3,767	D
Common Stock	02/23/2026		F(2)		1,514	D	$38.3	2,253	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of Common Stock that were issued upon earnout and vesting of performance-based restricted stock units under the 2025 Bonus Program.

2. Represents shares withheld by the Issuer in satisfaction of tax withholding obligations resulting from the vesting of restricted stock units.

Remarks:

Chief Legal Officer and Corporate Secretary

	/s/ Brian Golper, as Attorney-in-Fact for Natalie Matsler	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Lineage (LINE) officer Natalie Matsler report in this Form 4?

Natalie Matsler reported a stock award and related tax withholding. She received 3,767 Lineage common shares from vesting performance-based restricted stock units, and 1,514 shares were withheld to satisfy tax obligations, leaving her with 2,253 directly owned shares.

How many Lineage (LINE) shares did Natalie Matsler acquire in the award?

She acquired 3,767 shares of Lineage common stock. These shares were issued upon the earnout and vesting of performance-based restricted stock units under the company’s 2025 Bonus Program, reflecting equity compensation rather than an open-market stock purchase.

Why were 1,514 Lineage (LINE) shares disposed of in this Form 4?

1,514 shares were withheld by Lineage to cover tax withholding obligations. This tax-withholding disposition occurred when restricted stock units vested, meaning the shares were not sold on the market but retained by the company to satisfy Matsler’s tax liability.

What price was used for the tax-withholding shares in the Lineage (LINE) filing?

The 1,514 shares withheld for taxes were valued at $38.30 per share. This value determines how many shares the company retained to satisfy the tax liability arising from the vesting of the performance-based restricted stock units.

How many Lineage (LINE) shares does Natalie Matsler own after these transactions?

After the reported award and tax withholding, Natalie Matsler directly owns 2,253 Lineage common shares. This reflects the 3,767-share grant from vesting restricted stock units, net of the 1,514 shares withheld by the company to cover associated tax obligations.

What program triggered the Lineage (LINE) share issuance to Natalie Matsler?

The share issuance came from the 2025 Bonus Program. Specifically, 3,767 Lineage common shares were issued upon earnout and vesting of performance-based restricted stock units awarded to Natalie Matsler under this incentive compensation program.