Leahy Natalya 4/A

What Happened

• Natalya Leahy, CEO of Lindblad Expeditions Holdings (LIND), was granted 14,220 restricted stock units (RSUs) on March 31, 2026 (transaction code A). Those RSUs show a $0.00 per-share price (award), so no cash changed hands. On the same date, 24,491 shares were disposed (transaction code F) at $0.00 to satisfy tax withholding obligations related to equity compensation.
• The award is subject to service-based vesting: one-third vests on March 31 of 2027, 2028 and 2029 (see footnote). The filing amends the original Form 4 solely to correct the amount of beneficial ownership reported after the transaction.

Key Details

• Transaction date: 2026-03-31 (filed as an amended Form 4 on 2026-04-06).
• Grant: 14,220 RSUs (code A) at $0.00; Withholding: 24,491 shares (code F) at $0.00 to cover tax liabilities.
• Reported value: $0 for both entries (reflects equity award and in-kind share withholding, not an open-market sale).
• Footnotes: F1 = RSUs vest one-third annually on 3/31/2027–2029 if service continues. F2 = amendment corrects post-transaction beneficial ownership.
• Beneficial ownership after the transaction: the amended filing corrects this figure; the updated total was not included in the summary data provided here.
• Filing timeliness: amended Form 4 submitted 2026-04-06; amendment appears focused on correcting ownership reporting rather than reporting a new trading event.

Context

• RSU grants are compensation awards, not purchases; they typically indicate long-term compensation rather than immediate bullish/pessimistic trading by the insider.
• The F-code disposal here represents tax withholding of shares to meet tax obligations on the award—a routine administrative step, not an open-market sale.