Lindblad Sven-Olof 4

What Happened
Sven-Olof Lindblad, a reported 10% owner of Lindblad Expeditions Holdings, sold 62,100 shares on 2026-01-22. The filing reports a weighted-average sale price of $16.48 per share (range $16.30–$16.69), for total proceeds of approximately $1,023,203. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-01-22; Form 4 filed 2026-01-23 (filed within the normal two‑business‑day window).
• Transaction type/code: Sale (S); method reported as open market or private sale.
• Price: weighted-average $16.48; individual prices ranged $16.30–$16.69.
• Shares sold: 62,100; proceeds ≈ $1,023,203.
• Shares owned after transaction: not specified in the summary provided (see Form 4 for total holdings).
• Footnote: Sales were made pursuant to a Rule 10b5‑1 trading plan; the filer can provide a breakdown of shares sold at each price within the range upon request.

Context
Because the sale was executed under a pre‑established Rule 10b5‑1 plan, the trades may have been scheduled in advance rather than reflecting a current, discretionary view of the company. As a 10% owner, Lindblad is a major shareholder; such sales can be routine portfolio or liquidity actions and should not be taken alone as a signal of company performance.