Byus Trey 4

What Happened
Trey Byus, Chief Expedition Officer of Lindblad Expeditions Holdings (LIND), was granted 7,262 restricted stock units (RSUs) on 2026-03-31 (reported on Form 4 filed 2026-04-01). The filing also shows 2,313 shares withheld on 2026-03-29 and 4,520 shares withheld on 2026-03-31 to satisfy tax obligations related to equity compensation. All transactions are reported at $0.00 per share on the form (award and withholding), yielding a net increase of 429 shares (7,262 granted − 6,833 withheld).

Key Details

• Transactions reported:
  • 2026-03-29: 2,313 shares disposed (code F — tax withholding) at $0.00
  • 2026-03-31: 7,262 shares acquired (code A — award/grant) at $0.00
  • 2026-03-31: 4,520 shares disposed (code F — tax withholding) at $0.00
• Net change from these entries: +429 shares
• Value shown on the Form 4: $0 (grant/withholding recorded without cash price)
• Footnote: RSUs vest one-third on March 31 of 2027, 2028 and 2029, subject to continued service (footnote F1)
• Filing date: 2026-04-01 (appears timely based on standard Form 4 reporting deadlines)
• Shares owned after the transactions: not specified in the provided excerpt of the filing

Context
This was a compensation grant of RSUs, not an open-market purchase or a discretionary sale. The F-coded transactions are share-withholdings to cover taxes — a routine administrative step when equity awards are granted or vest. Because the RSUs vest over three years, most of the granted shares are subject to future service requirements and are not immediately tradable.