Lindblad Sven-Olof 4

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.