Lineage (LINE) CAO receives 12,203 RSUs, 276 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lineage, Inc. reported that Chief Accounting Officer Abigail S. Fleming received a grant of 12,203 restricted stock units, representing contingent rights to receive an equal number of common shares. These RSUs vest in three equal annual installments on April 1 of 2027, 2028, and 2029, conditioned on her continued service.
On the same date, 276 shares of common stock were withheld by the company at $32.76 per share to cover tax obligations from the vesting of earlier RSUs, rather than being sold on the market. After these transactions, Fleming directly holds 18,482.14 shares of Lineage common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fleming Abigail S
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,203 | $0.00 | -- |
| Tax Withholding | Common Stock | 276 | $32.76 | $9K |
Holdings After Transaction:
Common Stock — 18,758.14 shares (Direct)
Footnotes (1)
- Represents the grant of time-based restricted stock units ("RSUs"), which are contingent rights to receive shares of common stock ("Shares") on a one-for-one basis and which vest in equal annual installments as to 1/3 of the RSUs on each of April 1, 2027, 2028, 2029, subject to continued service with the Issuer through such dates. Represents shares withheld by the Issuer in satisfaction of tax withholding obligations resulting from the vesting of restricted stock units.
Key Figures
RSUs granted: 12,203 units
Tax withholding shares: 276 shares
Withholding reference price: $32.76 per share
+2 more
5 metrics
RSUs granted
12,203 units
Time-based restricted stock units granted on April 1, 2026
Tax withholding shares
276 shares
Shares withheld to satisfy tax obligations on RSU vesting
Withholding reference price
$32.76 per share
Value used for 276 withheld shares
Shares held after transactions
18,482.14 shares
Direct ownership after grant and tax withholding
Vesting schedule
1/3 each in 2027, 2028, 2029
RSUs vest annually on April 1 of each year
Key Terms
restricted stock units ("RSUs"), contingent rights, tax withholding obligations, vesting, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents the grant of time-based restricted stock units ("RSUs"), which are contingent rights to receive shares"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent rights financial
"time-based restricted stock units ("RSUs"), which are contingent rights to receive shares of common stock"
tax withholding obligations financial
"Represents shares withheld by the Issuer in satisfaction of tax withholding obligations resulting from the vesting"
vesting financial
"RSUs on each of April 1, 2027, 2028, 2029, subject to continued service with the Issuer through such dates"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Lineage (LINE) disclose about Abigail Fleming’s recent equity grant?
Lineage granted Chief Accounting Officer Abigail S. Fleming 12,203 restricted stock units, each representing one common share. The RSUs serve as stock-based compensation and are designed to align her interests with shareholders over several years through time-based vesting conditions.
How do Abigail Fleming’s new RSUs at Lineage (LINE) vest over time?
The 12,203 restricted stock units vest in three equal annual installments. One-third vests on April 1, 2027, another third on April 1, 2028, and the final third on April 1, 2029, subject to her continued service with Lineage.
What does the $32.76 price in the Lineage (LINE) Form 4 represent?
The $32.76 figure represents the value per share used when Lineage withheld 276 shares to cover tax obligations. It is not a purchase or sale price in an open-market trade but the reference value applied for the tax-withholding share disposition.