Lineage, Inc. (LINE) has disclosed that Director, 10% Owner, and Co-Executive Chairman Kevin Patrick Marchetti has made a recent acquisition of 12,345 shares at a price of $40.44 per share on August 19, 2025.
Lineage, Inc. (LINE) has disclosed that Director, 10% Owner, and Co-Executive Chairman Kevin Patrick Marchetti made a recent acquisition of 12,345 shares at a price of $40.44 per share on August 19, 2025. The transaction was reported on Form 4, filed with the U.S. Securities and Exchange Commission (SEC) [1].
Marchetti's purchase, executed at a weighted-average price of $40.4418, was made in multiple transactions ranging from $40.42 to $40.50. This acquisition increases his direct holdings to 74,668 shares. Additionally, the filing reports substantial indirect holdings through related entities, including 173,768 shares held with sole voting/disposal power via KPM Cold Storage and 156,601,952.79 shares held indirectly by BG Lineage Holdings, LLC [1].
Marchetti disclaimed beneficial ownership of the shares held indirectly by BG Lineage Holdings, LLC, except for any pecuniary interest. The Form 4 was signed by an attorney-in-fact on August 20, 2025 [1].
This disclosure provides insights into the governance structure and ownership distribution within Lineage, Inc., highlighting Marchetti's significant role and his financial stake in the company. The purchase does not signal a material change in control but rather clarifies the voting and dispositive relationships among the shares held directly and indirectly by Marchetti and related entities [1].
References:
[1] https://www.stocktitan.net/sec-filings/LINE/form-4-lineage-inc-insider-trading-activity-b6bd23cb416f.html
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