Form 4: Lineage Inc. Director Lynn A. Wentworth Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Lynn A. Wentworth reports acquisition and disposal of Lineage, Inc. common stock due to distribution from BG Lineage Holdings, LLC.
Summary
- On August 26, 2024, Lynn A. Wentworth, a director of Lineage, Inc., reported changes in beneficial ownership of the company's common stock.
- Wentworth acquired 3,336 shares and disposed of 8,246 shares of common stock.
- These transactions resulted from a distribution of shares by BG Lineage Holdings, LLC (BGLH) to Wentworth, reflecting Wentworth's pecuniary interest in BGLH.
- No consideration was paid for the shares, and cash was paid by the Issuer in lieu of a fractional share.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of stock acquisition and disposal. |
| 08/27/2024 | Date of signature on the report. |
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