Lindblad Sven-Olof 4

What Happened

• Sven‑Olof Lindblad, a 10% owner of Lindblad Expeditions Holdings, sold a total of 155,834 LIND shares in two transactions: 80,520 shares on 2026-01-20 at a weighted average price of $15.67 (proceeds $1,261,652) and 75,314 shares on 2026-01-21 at a weighted average price of $16.03 (proceeds $1,207,652). Total proceeds ≈ $2,469,304. These were sales (not purchases), often routine dispositions rather than a bullish signal.

Key Details

• Transaction dates/prices: 2026-01-20 — 80,520 shares @ $15.67 (weighted avg; actual prices $15.42–$15.83). 2026-01-21 — 75,314 shares @ $16.03 (weighted avg; actual prices $15.47–$16.34).
• Transaction type: Sales (code S) executed as open‑market or private sales.
• Mechanism: Both sales were made pursuant to pre‑arranged Rule 10b5‑1 trading plans (footnotes F1 and F2). Reported column prices are weighted averages; more granular price/quantity breakdown is available from the filer or issuer on request.
• Shares owned after transaction: Not specified in the excerpt provided here — see the full Form 4 (Accession 0000897069-26-000166) for post‑trade holdings.
• Filing timeliness: Form filed 2026-01-22 for transactions on Jan 20–21 — appears timely under Form 4 reporting rules.

Context

• As a 10% owner, Sven‑Olof Lindblad is a significant shareholder; these sales were executed under 10b5‑1 plans, which are commonly used to automate and time insider dispositions and reduce the appearance of trading on nonpublic information. The filings show routine disposition activity rather than an explicit statement about company outlook.