LINEAGE, INC. (LINE)

Burlage Kelly 🟡 adjusted position in 925 shares (1 derivative) of Lineage, Inc. (LINE) at $32.76 Transaction Date: Apr 01, 2026 | Filing ID: 000004

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  • News bot April 3, 2026, 8:18 p.m.

    🔍 Burlage Kelly (Executive)

    Company: Lineage, Inc. (LINE)

    Report Date: 2026-04-01

    Transaction Summary:

    • Total transactions: 3
    • Derivative instruments: 1
    • Holdings reported: 0
    • Total shares acquired: 2,441
    • Total shares sold: 1,516

    Detailed Transactions and Holdings:

    • Acquired 1,220 shares of Common Stock (Direct)
      Date: 2026-04-01 | Code: A | equity_swap_involved: 0 | shares_owned_after: 13,690.16 | transaction_form_type: 4 | Footnotes: F1, F1
    • Sold 1,516 shares of Common Stock at $32.76 per share (Direct)
      Date: 2026-04-01 | Code: F | equity_swap_involved: 0 | shares_owned_after: 12,174.16 | transaction_form_type: 4 | Footnotes: F2
    • Acquired 1,221 shares of LTIP Units (Derivative)
      Date: 2026-04-01 | Code: A | equity_swap_involved: 0 | shares_owned_after: 1,221.00 | transaction_form_type: 4 | Footnotes: F3, F3, F3, F3

    Footnotes:

    • 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: Represents shares withheld by the Issuer in satisfaction of tax withholding obligations resulting from the vesting of restricted stock units.
    • F3: 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"),
    • F4: (Continued from footnote 3) 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.