LINE Form 4: 1,058,328.2-share distribution; post‑trade holding 155,543,624.6

Rhea-AI Filing Summary

Lineage, Inc. (LINE): A Form 4 reports that BG Lineage Holdings, LLC, a Director and 10% Owner, executed a Code J transaction on 11/07/2025 involving 1,058,328.2 shares of common stock. The filing states the move was a distribution "for no consideration" to members of BG Lineage Holdings, LLC according to their pecuniary interests.

Following the transaction, the reporting person beneficially owned 155,543,624.6 shares, held directly. This reflects a non-cash reallocation rather than a market sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BG Lineage Holdings, LLC

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Other	Common Stock	1,058,328.2	$0.00	--

Holdings After Transaction: Common Stock — 155,543,624.6 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

BG Lineage Holdings, LLC

(Last) (First) (Middle)

C/O BAY GROVE CAPITAL GROUP LLC

801 MONTGOMERY STREET, FIFTH FLOOR

(Street)

SAN FRANCISCO CA 94133

(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)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/07/2025

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	11/07/2025		J(1)		1,058,328.2	D	(1)	155,543,624.6	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 the distribution of shares of common stock to members of BG Lineage Holdings, LLC in accordance with their respective pecuniary interests, for no consideration.

Remarks:

	/s/ Kristina Hentschel, as Attorney-in-Fact for BG Lineage Holdings, LLC	11/10/2025
	** 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 did BG Lineage Holdings, LLC report in the Form 4 for LINE?

A distribution of 1,058,328.2 shares of Lineage, Inc. common stock on 11/07/2025 coded J.

What does transaction code J indicate in this context for LINE?

Per the footnote, it reflects a distribution for no consideration to members of BG Lineage Holdings, LLC.

How many LINE shares were beneficially owned after the transaction?

The reporting person held 155,543,624.6 shares directly following the reported transaction.

Was any cash consideration involved in the LINE share movement?

No. The filing states the shares were distributed for no consideration.

What is the reporting person’s relationship to Lineage, Inc. (LINE)?

The reporting person is a Director and a 10% Owner.

Who signed the filing and when?

It was signed by /s/ Kristina Hentschel as Attorney-in-Fact for BG Lineage Holdings, LLC on 11/10/2025.