Leahy Natalya 4

What Happened
Natalya Leahy, CEO of Lindblad Expeditions Holdings (LIND), received a grant (code A) of 14,220 restricted stock units (RSUs) on March 31, 2026 (reported on Form 4). The filing also shows a disposition (code F) of 24,491 shares on the same date to satisfy an exercise price or tax liability. Both transactions are reported at $0.00 per share on the Form 4 (total value listed as $0).

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-01 (timely filing).
• Grant: 14,220 RSUs (code A) at $0.00 per share.
• Withholding/payment: 24,491 shares disposed (code F) at $0.00 per share to cover tax liability or exercise price.
• Footnote: The grant represents RSUs that vest one-third on March 31 of 2027, 2028 and 2029, subject to continued service (F1).
• Shares owned after the transactions: not specified in the provided summary.

Context

• RSUs are awards that generally vest over time and are not an immediate open‑market purchase; this grant vests in thirds over the next three annual anniversaries.
• Code F transactions typically reflect shares surrendered or withheld to satisfy tax withholding or exercise-price obligations and are routine administrative actions, not necessarily a directional signal about the insider’s view of the stock.
• Purchases (code P) usually carry more weight as potential bullish signals; awards and withholding are common executive compensation mechanics.