LINDBLAD EXPEDITIONS HOLDINGS, INC.·4

May 12, 8:18 PM ET

Byus Trey 4

4 · LINDBLAD EXPEDITIONS HOLDINGS, INC. · Filed May 12, 2026

Research Summary

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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.

Insider Transaction Report

Form 4
Period: 2026-05-11
Byus Trey
Chief Expedition Officer
Transactions
  • Sale

    Common Stock

    [F1]
    2026-05-11$20.23/sh26,460$535,405111,530 total
Footnotes (1)
  • [F1]The price reported in Column 4 is a weighted average price. The prices actually received ranged from $20.05 to $20.70. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
Signature
/s/ John J. Wolfel, Attorney-in-Fact for Trey Byus|2026-05-12

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4