Bryan Gregory A. 4
4 · Lineage, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Lineage (LINE) Bryan Gregory Receives RSUs, Sells 2,137 Shares
What Happened
- Bryan Gregory, Chief Integrated Solutions Officer at Lineage (LINE), had time‑based restricted stock units (RSUs) vest on April 1, 2026 (13,118 RSUs). To satisfy tax withholding and a transfer under a domestic relations order, 2,137 shares were disposed at $32.76 per share for a reported value of $70,008. In addition, he was granted 13,118 LTIP Units (derivative award) in the company’s operating partnership (see details below).
Key Details
- Transaction date: 2026-04-01. Disposal: 2,137 shares @ $32.76 = $70,008. Awards: 13,118 RSUs (vested) and 13,118 LTIP Units (derivative), $0 acquisition price shown.
- Shares owned after the transaction: not specified in the excerpts provided.
- Notable footnotes:
- RSUs vest in equal annual installments (1/3 on each of April 1, 2027, 2028, 2029) per footnote.
- Some shares were transferred to the reporting person’s ex‑spouse pursuant to a domestic relations order.
- Some shares were withheld by the issuer to satisfy tax withholding.
- LTIP Units vest in equal annual installments (1/3 on each of April 1, 2027–2029) and may be converted to partnership common units and redeemed for cash or shares (subject to conditions and timing).
- Filing timeliness: Report filed 2026-04-03 for a 2026-04-01 transaction; no lateness flag noted in the provided data.
Context
- This transaction is primarily an award/vesting event (code A) combined with share dispositions (code F) to cover tax obligations and a domestic relations transfer — common, administrative actions that do not necessarily signal insider market views.
- The LTIP Units are derivative partnership units with potential conversion to tradable/redeemable units after vesting and any required holding period; they are not immediate cash sales.
Insider Transaction Report
Form 4
Lineage, Inc.LINE
Bryan Gregory A.
See Remarks.
Transactions
- Award
Common Stock
[F1][F2]2026-04-01+13,118→ 30,299 total - Tax Payment
Common Stock
[F3]2026-04-01$32.76/sh−2,137$70,008→ 28,162 total - Award
LTIP Units
[F4][F5]2026-04-01+13,118→ 13,118 total→ Common Stock (13,118 underlying)
Footnotes (5)
- [F1]Represents the grant of time-based restricted stock units ("RSUs"), which are contingent rights to receive shares of common stock ("Shares") on a one-for-one basis and which vest in equal annual installments as to 1/3 of the RSUs on each of April 1, 2027, 2028, 2029, subject to continued service with the Issuer through such dates.
- [F2]Reflects the transfer of shares acquired in connection with the April 1, 2026 vesting of RSUs to the Reporting Person's ex-spouse pursuant to a domestic relations order.
- [F3]Represents shares withheld by the Issuer in satisfaction of tax withholding obligations resulting from the vesting of restricted stock units.
- [F4]Represents the grant of time-based units of partnership interest in Lineage OP, LP (the "Operating Partnership") designated as LTIP Units ("LTIP Units") under the Agreement of Limited Partnership of the Operating Partnership dated as of July 24, 2024 (the "Partnership Agreement"). The LTIP Units vest in equal annual installment as to 1/3 of the LTIP Units on April 1, 2027, 2028 and 2029, subject to continued service with the Issuer through such dates. Subject to achieving certain capital account balances, each vested LTIP Unit may be converted, at the election of the holder, on a one-for-one basis to Partnership Common Units ("Partnership Common Units"),
- [F5](Continued from footnote 4) which are units of partnership interest in the Operating Partnership, as designated under the Partnership Agreement. Holders of Partnership Common Units acquired from the conversion of LTIP Units have the right to redeem their Partnership Common Units in exchange for cash or, at the election of the Issuer, Shares, on a one-for-one basis (subject to certain adjustments), provided at least 18 months have passed since the LTIP Units were granted. LTIP Units and Partnership Common Units do not have expiration dates.
Signature
/s/ Brian Golper, as Attorney-in-Fact for Gregory A. Bryan|2026-04-03