Lineage (LINE) CAO RSU vesting leads to 205-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lineage, Inc. Chief Accounting Officer Abigail S. Fleming reported a routine tax-related share disposition. On the RSU vesting date, 205 shares of common stock were withheld by the company to satisfy tax withholding obligations at $35.55 per share. After this tax-withholding transaction, Fleming directly owned 18,277.14 shares of Lineage common stock. This event reflects compensation-related tax settlement rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fleming Abigail S
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 205 | $35.55 | $7K |
Holdings After Transaction:
Common Stock — 18,277.14 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 205 shares
Tax withholding share value: $35.55 per share
Shares owned after transaction: 18,277.14 shares
3 metrics
Shares withheld for taxes
205 shares
Tax withholding from RSU vesting
Tax withholding share value
$35.55 per share
Value assigned to withheld shares
Shares owned after transaction
18,277.14 shares
Direct Lineage common stock holdings post-transaction
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"resulting from the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"in satisfaction of tax withholding obligations resulting from the vesting"
Form 4 regulatory
"This Form 4 does not report an open-market sale."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Lineage (LINE) insider Abigail Fleming report on this Form 4?
Abigail S. Fleming reported a tax-related share disposition. The company withheld 205 Lineage common shares to cover tax obligations from restricted stock unit vesting, a non-market transaction linked to equity compensation.
Was this Lineage (LINE) Form 4 an open-market sale by Abigail Fleming?
No, this Form 4 does not report an open-market sale. It records 205 Lineage shares withheld by the issuer to satisfy tax obligations from restricted stock unit vesting, a standard compensation-related mechanism.