Lineage Co-Executive Chairman Marchetti Buys 25,000 Shares
Kevin Patrick Marchetti, co-executive chairman of Lineage (NASDAQ:LINE), purchased 25,000 shares on August 28, 2026. The transaction valued at $987,500 was disclosed in a recent SEC Form 4 filing and reflects an increase in his direct equity stake to approximately 139,000 shares. Marchetti's indirect ownership remains significantly larger, with over 155 million shares held through BG Lineage Holdings, LLC. This transaction occurred at a weighted average price of $39.50 per share, slightly above the closing price on August 28 and ahead of an approximate 5% decline in stock value over the preceding year. Lineage operates as a global REIT focused on temperature-controlled warehouse facilities across North America, Europe, and Asia-Pacific. The company reported $5.4 billion in trailing twelve months (TTM) revenue but also posted a net loss of $164 million during that period.
Tickers: $LINE