4Accepted Sep 1, 4:31 PM ET
Lineage (LINE) 10% Owner Kevin Marchetti Buys 25,000 Shares
Accepted (ET)
4:31 PM
Sep 1, 2026
Filed
Sep 1, 2026
Documents
1
Size
7.4 KB
Summary
Lineage (LINE) 10% Owner Kevin Marchetti Buys 25,000 Shares
What Happened
Kevin Patrick Marchetti (identified as a 10% owner) purchased 25,000 shares of Lineage, Inc. (LINE) in open-market transactions on August 28, 2026. The filing reports a weighted-average price of $39.50 per share for a total reported value of $987,555. This was a purchase (a net buy), which some investors view as a bullish signal compared with routine insider sales.
Key Details
- Transaction date: 2026-08-28; Form 4 filed: 2026-09-01.
- Transaction type/code: P = Purchase (open market/private purchase).
- Quantity & price: 25,000 shares at a weighted-average of $39.50; total reported ~$987,555.
- Price range: shares were acquired in multiple trades at prices between $39.37 and $39.69 (filing includes a footnote offering to provide per-price breakdown on request).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Beneficial ownership notes: Marchetti states he has sole power to vote and dispose of these shares but disclaims beneficial ownership except to the extent of any pecuniary interest. Some shares are held via BG Lineage Holdings, LLC (BGLH), which is indirectly managed by Bay Grove Capital Group LLC — voting/investment power is shared with Adam Forste per the filing.
Context
- As a reported 10% owner (institutional/major investor status rather than a typical executive trade), this purchase reflects direct financial exposure by a principal owner.
- The filing shows a straightforward open-market purchase (no option exercise, award, or gift).
- No late-filing flag was indicated in the provided details; filing date is Sep 1, 2026 for the Aug 28 transaction.
Note: All details are taken from the Form 4 (Accession 0002021239-26-000006). For granular per-trade prices or exact post-transaction holdings, the filing footnote indicates the reporting person can supply that breakdown on request.