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Lineage (LINE) CCO gets 3,603-share award, 1,169 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lineage, Inc. Chief Commercial Officer Timothy Conrad Smith reported equity compensation activity in Common Stock. He acquired 3,603 shares at $0.00 per share as a grant/award tied to earnout and vesting of performance-based restricted stock units under the 2025 Bonus Program. In a related tax-withholding disposition, 1,169 shares at $38.30 per share were withheld by the issuer to satisfy tax obligations upon vesting. Following these transactions, he directly owned 2,489 shares of Common Stock.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Smith Timothy Conrad

(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)
Chief Commercial Officer
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 3,603 A $0(1) 3,658 D
Common Stock 02/23/2026 F(2) 1,169 D $38.3 2,489 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:
/s/ Brian Golper, as Attorney-in-Fact for Timothy Conrad Smith 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 insider transactions did Lineage, Inc. (LINE) report for Timothy Conrad Smith?

Lineage, Inc. reported that Chief Commercial Officer Timothy Conrad Smith received a grant of 3,603 Common Stock shares and had 1,169 shares withheld in a tax-withholding disposition. Both transactions occurred on February 23, 2026, and relate to vested restricted stock units.

Was the Lineage, Inc. (LINE) insider transaction a purchase or a compensation award?

The activity reflects a compensation award, not an open-market purchase. Smith received 3,603 Common Stock shares issued upon earnout and vesting of performance-based restricted stock units under the 2025 Bonus Program, with additional shares withheld to cover tax obligations.

How many Lineage, Inc. (LINE) shares were withheld for taxes in this Form 4?

A total of 1,169 Common Stock shares were withheld by Lineage, Inc. to satisfy tax withholding obligations. This withholding followed the vesting of restricted stock units and is reported as a tax-withholding disposition at a price of $38.30 per share.

What is Timothy Conrad Smith’s Lineage, Inc. (LINE) share ownership after this Form 4?

After the reported grant and tax-withholding disposition, Timothy Conrad Smith directly owned 2,489 shares of Lineage, Inc. Common Stock. This updated ownership reflects the net result of 3,603 shares acquired and 1,169 shares withheld for taxes on February 23, 2026.

What is the significance of the 3,603-share award reported by Lineage, Inc. (LINE)?

The 3,603-share award represents Common Stock issued upon earnout and vesting of performance-based restricted stock units under the company’s 2025 Bonus Program. It indicates equity-based compensation granted to the Chief Commercial Officer rather than a cash bonus or market transaction.

How were the tax obligations handled for the vested Lineage, Inc. (LINE) restricted stock units?

Tax obligations were handled through share withholding. Lineage, Inc. retained 1,169 Common Stock shares in a tax-withholding disposition, at $38.30 per share, to satisfy the reporting person’s tax liabilities arising from the vesting of restricted stock units.
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