Lindblad Expeditions (LIND) Chief Expedition Officer Trey Byus Sells Shares

What Happened Trey Byus, Chief Expedition Officer at Lindblad Expeditions (LIND), sold 26,460 shares on May 11, 2026. The filing reports a weighted average sale price of $20.23 per share (proceeds ≈ $535,405). A footnote states the actual sale prices ranged from $20.05 to $20.70 and that the weighted average reflects multiple prices within that range.

Key Details

• Transaction date: May 11, 2026; Form 4 filed May 12, 2026 (appears timely).
• Shares sold: 26,460; weighted average price: $20.23; proceeds ≈ $535,405.
• Price range reported in footnote: $20.05–$20.70; weighted average used for reporting.
• Shares owned after the transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding, or gift notation reported in the supplied data.

Context This was a sale (S), which is common for executives for liquidity or portfolio reasons and is generally less informative about company prospects than insider purchases. The filing’s footnote about a price range suggests the sale occurred across multiple trades/prices rather than a single-price block trade.