Director at Lineage (LINE) receives 4,490 RSUs grant
Rhea-AI Filing Summary
ARCHAMBEAU SHELLYE L reported acquisition or exercise transactions in this Form 4 filing.
Lineage, Inc. director Shellye L. Archambeau received a grant of 4,490 time-based restricted stock units (RSUs) tied to the company’s common stock. These RSUs vest in full on the earlier of June 9, 2027 or the next annual stockholder meeting after June 9, 2026, subject to her continued service. Following this equity award, she holds 12,112 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,490 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
restricted stock units ("RSUs") financial
time-based financial
contingent rights financial
FAQ
What did Lineage (LINE) director Shellye Archambeau receive in this Form 4?
Shellye L. Archambeau received a grant of 4,490 time-based restricted stock units (RSUs). These RSUs represent contingent rights to receive Lineage common shares on a one-for-one basis, aligning her compensation with shareholders through equity rather than cash.
When do Shellye Archambeau’s 4,490 RSUs at Lineage (LINE) vest?
The 4,490 RSUs vest in full on the earlier of June 9, 2027 or the date of the next annual meeting of stockholders after June 9, 2026. Vesting requires her continued service with Lineage through the applicable vesting date.
Is the Lineage (LINE) RSU grant to Shellye Archambeau an open-market stock purchase?
No, this is not an open-market purchase. The Form 4 shows a compensation-related grant coded “A,” meaning an award or other acquisition. The RSUs were granted at a price of $0.00 per unit as part of director equity compensation.
What conditions apply to Shellye Archambeau’s RSUs at Lineage (LINE)?
The RSUs are time-based and require continued service with Lineage until vesting. They convert into Lineage common stock on a one-for-one basis only if she remains in service through the earlier of the stated vesting dates.