[Form 4] Lineage, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Kevin Patrick Marchetti, Lineage, Inc. co-executive chairman and director, reported purchases of company common stock on 08/08/2025. He acquired 17,209 shares at a weighted-average price of $42.0525 and 6,331 shares at a weighted-average price of $42.8896, bringing his direct holdings to 62,323 shares. The filing shows additional indirect holdings of 173,768 shares held via KPM Cold Storage (which he sole-power votes/disposes) and 156,601,952.79 shares held by BG Lineage Holdings, LLC, over which he disclaims beneficial ownership except for any pecuniary interest. Footnotes state the purchases were made in multiple transactions within specified price ranges.

Positive

• Reported insider purchases: Marchetti acquired a total of 23,540 LINE shares (17,209 and 6,331) on 08/08/2025.
• Increased direct ownership: Direct holdings rose to 62,323 shares after the transactions.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider purchases totaling 23,540 LINE shares at ~ $42 increased direct holdings to 62,323 shares; transactions reported with footnote price ranges.

The reported transactions are purchases of company common stock by Kevin Marchetti executed on 08/08/2025, in multiple trades at weighted-average prices of $42.0525 and $42.8896. The filing documents both direct and sizable indirect holdings and includes standard disclaimers of beneficial ownership for certain indirect positions. From a securities-disclosure perspective, the Form 4 provides clear quantities, weighted-average prices, and the ownership forms required for investor transparency.

Corporate Governance Expert

TL;DR: Co-executive chairman bought additional shares and disclosed voting/disposal powers and disclaimers for indirect holdings.

The filing identifies Mr. Marchetti as Co-Executive Chairman, Director and a 10% owner who increased his direct stake through purchases. It also clarifies voting and dispositive authority over shares held by KPM Cold Storage and explains that BG Lineage Holdings, LLC holds a large block indirectly managed by a committee including Mr. Marchetti. These disclosure elements address control and potential conflicts by specifying voting power and disclaimers; no departures, litigations, or unusual governance actions are reported in this form.

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
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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^*

Marchetti Kevin Patrick

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CO-EXECUTIVE CHAIRMAN

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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	08/08/2025		P		17,209	A	$42.0525(1)	55,992	D
Common Stock	08/08/2025		P		6,331	A	$42.8896(2)	62,323	D
Common Stock								173,768	I(3)	By KPM Cold Storage
Common Stock								156,601,952.79	I(4)	By BGLH

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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $41.71 to $42.70 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $42.71 to $43.29 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

3. Mr. Marchetti has sole power to vote and dispose of these Shares, but disclaims beneficial ownership of these Shares except to the extent of any pecuniary interest therein.

4. Represents Shares held directly by BG Lineage Holdings, LLC ("BGLH") and indirectly by Mr. Marchetti. BGLH is indirectly managed by Bay Grove Capital Group LLC, which is managed by a committee comprised of Mr. Marchetti and Adam Forste, who share voting and investment power over these Shares. Mr. Marchetti disclaims beneficial ownership over the Shares held by BGLH, except to the extent of any pecuniary interest therein.

	/s/ Kristina Hentschel, as Attorney-in-Fact, for Kevin Patrick Marchetti	08/11/2025
	** 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 transactions did Kevin Marchetti report on the LINE Form 4?

He reported purchases of 17,209 shares at a weighted-average price of $42.0525 and 6,331 shares at a weighted-average price of $42.8896 on 08/08/2025.

How many LINE shares does Kevin Marchetti own after these transactions?

Following the reported purchases, Mr. Marchetti's direct holdings are 62,323 shares, per the Form 4.

Does the filing show any indirect holdings for Kevin Marchetti (LINE)?

Yes. The filing reports 173,768 shares indirectly via KPM Cold Storage (sole power to vote/dispose) and 156,601,952.79 shares held by BG Lineage Holdings, LLC, with shared voting/investment power.

What price ranges were the purchases executed at according to the Form 4?

Footnotes state the first group of purchases occurred at prices ranging from $41.71 to $42.70 and the second at $42.71 to $43.29.

What is Kevin Marchetti's role at Lineage, Inc. as shown on the Form 4?

The Form 4 lists him as Co-Executive Chairman, a Director, and a 10% owner of the issuer.