Form 4: Lineage CFO Robert Crisci Receives Stock Grant

Robert Crisci, CFO of Lineage, Inc., was granted 87,859 shares of common stock on April 1, 2025, as part of a restricted stock unit (RSU) agreement.

Summary

• Robert Crisci, the Chief Financial Officer of Lineage, Inc., received a grant of 87,859 shares of common stock on April 1, 2025.
• These shares are in the form of restricted stock units (RSUs), which represent the right to receive shares on a one-for-one basis.
• The RSUs vest in two equal annual installments, with 1/2 vesting on April 1, 2026, and the remaining 1/2 vesting on April 1, 2027.
• Vesting is contingent upon Mr. Crisci's continued service with Lineage, Inc. through those dates.
• Following the transaction, Mr. Crisci beneficially owns 97,859 shares of Lineage, Inc. common stock.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of an executive compensation package. It's generally positive as it indicates alignment of management's interests with shareholders, but it's not a major event.

Positives

• The grant of RSUs aligns the CFO's interests with the long-term performance of the company.
• The vesting schedule incentivizes continued service and commitment from the CFO.

Risks

• The value of the RSUs is subject to the market price of Lineage, Inc.'s common stock.
• If Mr. Crisci leaves the company before the vesting dates, he will forfeit the unvested RSUs.

Future Outlook

The document does not contain specific forward-looking statements, but the RSU grant suggests an expectation of continued service from the CFO.

Industry Context

Grants of restricted stock units are a common form of executive compensation, particularly for aligning management's interests with shareholder value and incentivizing long-term commitment.

Comparison to Industry Standards

• Executive compensation packages, including RSU grants, vary significantly across industries and company sizes.
• Comparing the size and vesting schedule of this RSU grant to those of CFOs at similarly sized companies in the same industry (likely technology or logistics, given the company name) would provide a benchmark for assessing its competitiveness.
• Companies like XPO Logistics, or other tech firms with similar market caps, could be used for comparison.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it incentivizes the CFO to focus on long-term value creation.
• Employees may see the grant as a sign of the company's commitment to its leadership team.

Key Dates

Keywords

RSU, Restricted Stock Units, Robert Crisci, Lineage, Inc., CFO, Beneficial Ownership, Form 4, Stock Grant, Vesting