Lineage (LINE) grants 4,490 restricted stock units to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wentworth Lynn A reported acquisition or exercise transactions in this Form 4 filing.
Lineage, Inc. director Lynn A. Wentworth reported a compensation-related equity grant. She received 4,490 time-based restricted stock units representing contingent rights to receive an equal number of shares of common stock at no purchase price.
The RSUs vest in full on the earlier of June 9, 2027 or the date of the next annual meeting of stockholders following June 9, 2026, subject to her continued service with the company. After this grant, her direct holdings total 17,226 shares of common stock, indicating a modest, routine award rather than a large ownership change.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wentworth Lynn A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,490 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,226 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 4,490 units
Grant price: $0.00 per unit
Holdings after grant: 17,226 shares
+2 more
5 metrics
RSU grant size
4,490 units
Time-based restricted stock units granted to director on June 9, 2026
Grant price
$0.00 per unit
RSUs awarded as compensation, no purchase price
Holdings after grant
17,226 shares
Total common stock directly owned following the RSU award
RSU vesting latest date
June 9, 2027
Full vesting occurs by this date if earlier meeting condition not met
Alternative vesting trigger
Next annual meeting after June 9, 2026
RSUs vest on earlier of this meeting date or June 9, 2027
Key Terms
restricted stock units, contingent rights, vest in full, annual meeting of the Company's stockholders, +1 more
5 terms
restricted stock units financial
"Represents the grant of time-based restricted stock units ("RSUs"), which are contingent rights to receive shares of common stock"
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.
contingent rights financial
"time-based restricted stock units ("RSUs"), which are contingent rights to receive shares of common stock on a one-for-one basis"
vest in full financial
"which vest in full on the earlier to occur of June 9, 2027, and the date of the next annual meeting"
annual meeting of the Company's stockholders financial
"the date of the next annual meeting of the Company's stockholders following June 9, 2026"
continued service financial
"subject to continued service with the Issuer through such applicable date"
FAQ
What insider transaction did Lineage, Inc. (LINE) report for Lynn A. Wentworth?
Lineage, Inc. reported that director Lynn A. Wentworth received 4,490 restricted stock units as an equity grant. These RSUs are a form of stock-based compensation and give her the right to receive an equal number of common shares if vesting conditions are met.
What type of equity award did Lineage, Inc. (LINE) grant to its director?
Lineage, Inc. granted Lynn A. Wentworth time-based restricted stock units, or RSUs. Each of the 4,490 RSUs is a contingent right to receive one share of common stock, provided the specified vesting and continued service conditions are satisfied.
When do Lynn A. Wentworth’s Lineage, Inc. (LINE) RSUs vest?
The 4,490 RSUs vest in full on the earlier of June 9, 2027, or the date of the next annual meeting of stockholders following June 9, 2026. Vesting also requires that she continues serving the company through the applicable vesting date.