Lineage, Inc. (LINE) CCO receives 20,745 RSU equity grant vesting 2027-2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith Timothy Conrad reported acquisition or exercise transactions in this Form 4 filing.
Lineage, Inc. Chief Commercial Officer Timothy Conrad Smith received a grant of 20,745 time-based restricted stock units, each representing a contingent right to one share of common stock. These RSUs vest in three equal annual installments on April 1 of 2027, 2028 and 2029, subject to his continued service with the company.
Following this award, Smith directly holds 23,234 shares of common stock. The grant is compensation-related rather than an open-market purchase or sale, and reflects a long-term incentive structure tied to ongoing employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Timothy Conrad
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,745 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,234 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 20,745 RSUs
Shares held after grant: 23,234 shares
First vesting date: April 1, 2027
+2 more
5 metrics
RSU grant size
20,745 RSUs
Time-based award to CCO on April 1, 2026
Shares held after grant
23,234 shares
Common stock directly owned following RSU grant
First vesting date
April 1, 2027
1/3 of RSUs vest, subject to continued service
Second vesting date
April 1, 2028
Next 1/3 of RSUs vest, service-based condition
Final vesting date
April 1, 2029
Final 1/3 of RSUs vest, service-based condition
Key Terms
restricted stock units, time-based restricted stock units, contingent rights, vest
4 terms
restricted stock units financial
"Represents the grant of time-based restricted stock units ("RSUs"), which are contingent rights"
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.
time-based restricted stock units financial
"Represents the grant of time-based restricted stock units ("RSUs"), which are contingent rights"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
contingent rights financial
"which are contingent rights to receive shares of common stock ("Shares") on a one-for-one basis"
vest financial
"and which vest in equal annual installments as to 1/3 of the RSUs"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Lineage, Inc. (LINE) report for Timothy Conrad Smith?
Lineage, Inc. reported that Chief Commercial Officer Timothy Conrad Smith received 20,745 time-based restricted stock units. These RSUs are a compensation grant, not a market trade, and give him contingent rights to receive common shares in the future.
How many Lineage, Inc. (LINE) RSUs were granted and what do they represent?
Timothy Conrad Smith was granted 20,745 restricted stock units, or RSUs. Each RSU represents a contingent right to receive one share of Lineage, Inc. common stock, aligning his compensation with future company performance and continued employment.
When do Timothy Conrad Smith’s Lineage, Inc. (LINE) RSUs vest?
The RSUs vest in three equal annual installments on April 1, 2027, April 1, 2028 and April 1, 2029. Vesting is conditioned on his continued service with Lineage, Inc. through each of those vesting dates.
Is the reported Lineage, Inc. (LINE) transaction a stock purchase or sale?
The filing describes a grant or award acquisition, not a stock purchase or sale. Timothy Conrad Smith received 20,745 RSUs as equity compensation rather than buying or selling Lineage, Inc. shares in the open market.