LINDBLAD EXPEDITIONS HOLDINGS, INC.·4

Apr 1, 5:32 PM ET

BRESSLER BENJAMIN 4

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Lindblad (LIND) Founder Benjamin Bressler Receives Restricted Stock Award

What Happened

Benjamin Bressler (identified as Founder and CEO of Natural Habitat Adventures in the filing) received an award of 5,780 restricted stock units (RSUs) on March 31, 2026 (transaction code A). The filing also shows 2,311 shares were disposed (transaction code F) to satisfy a tax liability related to the award. Both transactions show an acquisition/disposal price of $0.00 as reported on the Form 4.

Key Details

  • Transaction date: 2026-03-31; Form 4 filed: 2026-04-01 (appears timely).
  • Award: 5,780 RSUs granted (price reported $0.00).
  • Tax withholding: 2,311 shares disposed to cover tax liability (price reported $0.00).
  • Shares owned after transaction: not specified in this filing.
  • Footnotes:
    • F1 — RSUs vest one-third on March 31 of 2027, 2028 and 2029, subject to continued service.
    • F2 — Mentions a stock option granted under the 2021 Long Term Incentive Plan pursuant to his employment agreement (no option exercise shown in these transactions).
  • Filing timeliness: The Form 4 was filed the business day after the transactions and is not marked late.

Context

  • RSU awards: These are grants that convert into shares as they vest; the filing shows the grant and the related tax withholding (common practice where shares are withheld to cover taxes).
  • No cash purchase or open-market sale occurred here; the report reflects a compensation award and standard tax-withholding disposition.
  • The filing is informational about insider compensation rather than a market-directional purchase or sale by the insider.