Fleming Abigail S 4
Research Summary
AI-generated summary
Lineage (LINE) Chief Accounting Officer Abigail S. Fleming Receives Award
What Happened
- Abigail S. Fleming, Chief Accounting Officer of Lineage, was granted 12,203 restricted stock units (RSUs) on April 1, 2026 (award, code A). Separately, 276 shares were withheld (code F) at $32.76 per share to satisfy tax withholding obligations, totaling $9,042. The RSU grant is an award (not a purchase) and the withheld shares reflect tax withholding on vested equity.
Key Details
- Transaction dates: April 1, 2026 (grant and withholding); Form filed April 3, 2026 (appears timely — within the usual 2-business-day reporting window).
- Grant: 12,203 RSUs granted at $0.00 per share (time-based award).
- Withholding: 276 shares withheld at $32.76 each, totaling $9,042, to cover tax obligations (disposition code F).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — RSUs vest 1/3 annually on April 1 of 2027, 2028, and 2029, subject to continued service. F2 — Withheld shares were surrendered to satisfy tax withholding on RSU vesting.
Context
- RSU grants are compensation awards that convert to shares only as they vest; they are not open-market purchases and do not by themselves signal a buy or sell decision. The withholding of shares to cover taxes is routine and reduces the net number of shares the insider will receive when RSUs vest.