Lineage (LINE) officer awarded stock from 2025 bonus, shares withheld for taxes

Rhea-AI Filing Summary

Lineage, Inc. officer Thattai Sudarsan V reported two Common Stock transactions on February 23, 2026. He acquired 4,258 shares at $0.00 per share from the earnout and vesting of performance-based restricted stock units under the 2025 Bonus Program, and disposed of 1,678 shares at $38.30 per share to cover tax withholding obligations upon vesting. After these transactions, he directly owned 10,563 shares of 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^*

Thattai Sudarsan V

(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		4,258	A	$0(1)	12,241	D
Common Stock	02/23/2026		F(2)		1,678	D	$38.3	10,563	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 Information Officer and Chief Transformation Officer

	/s/ Brian Golper, as Attorney-in-Fact for Sudarsan V Thattai	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Lineage, Inc. (LINE) report for Thattai Sudarsan V?

Lineage, Inc. officer Thattai Sudarsan V reported two Common Stock transactions on February 23, 2026. He received a stock grant from performance-based restricted stock units and had shares withheld to satisfy tax obligations tied to that vesting.

How many Lineage, Inc. (LINE) shares did Thattai Sudarsan V acquire and at what price?

He acquired 4,258 shares of Lineage, Inc. Common Stock at $0.00 per share. These shares were issued upon earnout and vesting of performance-based restricted stock units under the company’s 2025 Bonus Program, rather than through an open-market purchase.

Why were some Lineage, Inc. (LINE) shares disposed of in this Form 4?

The Form 4 shows a disposition of 1,678 shares at $38.30 per share. According to the disclosure, these shares were withheld by Lineage, Inc. to satisfy tax withholding obligations arising from the vesting of restricted stock units.

What is Thattai Sudarsan V’s Lineage, Inc. (LINE) share ownership after these transactions?

Following the reported transactions, Thattai Sudarsan V directly owned 10,563 shares of Lineage, Inc. Common Stock. This figure reflects both the grant of new shares from vested performance units and the shares withheld to cover associated tax liabilities.

What compensation program drove the Lineage, Inc. (LINE) stock grant to Thattai Sudarsan V?

The stock grant resulted from the company’s 2025 Bonus Program. Shares were issued upon earnout and vesting of performance-based restricted stock units, aligning a portion of the officer’s compensation with achievement of specified performance conditions.

Was the Lineage, Inc. (LINE) share disposition an open-market sale by Thattai Sudarsan V?

No, the disposition was not an open-market sale. The shares were withheld by Lineage, Inc. to meet tax withholding obligations triggered by the vesting of restricted stock units, a common administrative method for handling equity award taxes.