Marchetti Kevin Patrick 4

What Happened Kevin Marchetti, a reported 10% owner of Lineage, Inc. (LINE), purchased 11,222 shares in an open-market transaction on March 9, 2026. The filing reports a weighted-average price of $39.05 per share, for a total purchase value of approximately $438,266. This was a direct purchase (code P), which is generally viewed as a buy/bullish transaction rather than a sale.

Key Details

• Transaction date: 2026-03-09; filing date: 2026-03-11 (filed within the typical two-business-day window).
• Price: weighted average $39.05; purchase prices ranged from $38.45 to $39.34 across multiple trades (filing offers to provide per-trade detail on request).
• Shares transacted: 11,222 acquired; total value ≈ $438,266.
• Shares owned after transaction: not specified in the reported items of this Form 4.
• Footnotes of note:
  • F1: Weighted-average price; multiple trade prices ranged $38.45–$39.34.
  • F2: Mr. Marchetti has sole power to vote and dispose of these shares but disclaims beneficial ownership except for any pecuniary interest.
  • F3: Some shares are held directly by BG Lineage Holdings, LLC and indirectly by Mr. Marchetti via management/committee arrangements; Mr. Marchetti disclaims beneficial ownership of those BGLH-held shares except to the extent of pecuniary interest.

Context

• As a 10% owner, Marchetti's holdings reflect substantial investor/institutional position and governance influence; filings and footnotes indicate complex ownership through entities (BGLH and Bay Grove Capital Group LLC) rather than simple employee trading.
• This was a straight open-market purchase (not an option exercise, award, or gift), so it represents a cash acquisition of stock rather than a tax-driven or compensatory event.