secwatch.observer — SEC 8-K summary
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Issuer:     Lineage, Inc. (LINE)
CIK:        0001868159
Form:       8-K
Filed at:   2024-12-11T23:59:59+00:00
Accession:  0001868159-24-000022
Event type: dividend
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lineage declares Q4 2024 dividend of $0.5275/share; expands CHRO to President-Europe role
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- Dividend of $0.5275/share payable Jan 21, 2025 to holders of record Dec 31, 2024.
- Sean Vanderelzen appointed President – Europe and Chief HR Officer effective Jan 1, 2025.
- Vanderelzen receives $1M LTIP unit award vesting over 2 years; severance multiple increased to 2x.
- Global assignment through Dec 31, 2026; base salary unchanged, bonus based on US practices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868159/000186815924000022/0001868159-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868159/000186815924000022/line-20241210.htm
  HTML page:      https://secwatch.observer/filing/0001868159-24-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer