Lindblad Sven-Olof 4
4 · LINDBLAD EXPEDITIONS HOLDINGS, INC. · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Lindblad Expeditions (LIND) 10% Owner Sven-Olof Lindblad Sells Shares
What Happened
Sven-Olof Lindblad, a reported 10% owner of Lindblad Expeditions Holdings, sold a total of 360,815 shares in three open‑market transactions on Feb 2–3, 2026, generating approximately $6.245 million in proceeds. The filing reports three disposals: 114,659 shares at a weighted average $17.18 ($1.97M), 118,846 shares at $17.35 ($2.06M), and 127,310 shares at $17.38 (~$2.21M). All sales were made pursuant to Rule 10b5-1 trading plans.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-02-02: 114,659 shares @ $17.18 (proceeds ~$1,969,796). Actual prices in this lot ranged $16.30–$17.30 (per footnote).
- 2026-02-02: 118,846 shares @ $17.35 (proceeds ~$2,062,156). Actual prices ranged $17.31–$17.50.
- 2026-02-03: 127,310 shares @ $17.38 (proceeds ~$2,213,221). Actual prices ranged $17.08–$17.72.
- Total shares sold: 360,815; total proceeds: ~$6.245 million.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Notable footnotes: each sale was executed under a Rule 10b5-1 trading plan; reported prices are weighted averages and the filer can provide breakdowns of shares sold at each price on request.
- Filing: Report filed 2026-02-04; no late-filing indication in the provided data.
Context
These were sales by a 10% owner under pre-arranged 10b5-1 plans. Such plans are commonly used to automate trades and help insulate sellers from accusations of trading on nonpublic information; they do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-02$17.18/sh−114,659$1,969,796→ 11,058,120 total - Sale
Common Stock
[F2]2026-02-02$17.35/sh−118,846$2,062,156→ 10,939,274 total - Sale
Common Stock
[F3]2026-02-03$17.38/sh−127,310$2,213,221→ 10,811,964 total
Footnotes (3)
- [F1]Sales were made pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. The prices actually received ranged from $16.30 to $17.30. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- [F2]Sales were made pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. The prices actually received ranged from $17.31 to $17.50. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- [F3]Sales were made pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. The prices actually received ranged from $17.08 to $17.72. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.