A Form 4 filed on October 27, 2026 with the SEC shows Sven-Olof Lindblad, a director and 10% owner of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND), disposed of a combined 116,129 shares of common stock across five transactions on October 23 and October 26, 2026, all executed under a Rule 10b5-1 trading plan.

Key Highlights

  • Total shares sold: 116,129 shares of common stock disposed of across five separate transactions on October 23 and October 26, 2026.
  • Rule 10b5-1 plan: According to the filing, all sales occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by Lindblad on June 17, 2026.
  • Weighted average prices: The five transactions carried weighted average prices of $34.20, $34.81, $34.19, $35.26, and $35.71 per share, respectively.
  • Remaining beneficial ownership: Following the reported transactions, Lindblad directly beneficially owned 10,167,399 shares of common stock.
  • Reporting person's role: Sven-Olof Lindblad is identified in the filing as both a Director and a 10% Owner of the issuer.
  • Price ranges disclosed: Actual prices received within the weighted averages ranged as low as $33.66 and as high as $35.74 across the five transactions.

Lindblad's October 2026 Share Sales Under 10b5-1 Plan

According to the filing, Sven-Olof Lindblad, a Director and 10% Owner of Lindblad Expeditions Holdings, Inc., disposed of common stock in five separate transactions over two trading days. On October 23, 2026, two sales were recorded: 63,275 shares at a weighted average price of $34.20 per share (actual prices ranging from $33.76 to $34.76), and 2,885 shares at a weighted average price of $34.81 per share (actual prices ranging from $34.77 to $34.86). Following those two transactions, Lindblad's directly held beneficial ownership stood at 10,217,368 shares.

On October 26, 2026, three additional disposals were reported. The filing shows 1,100 shares sold at a weighted average of $34.19 (actual range $33.66 to $34.43), followed by 47,666 shares at a weighted average of $35.26 (actual range $34.69 to $35.69), and finally 1,203 shares at a weighted average of $35.71 (actual range $35.70 to $35.74). After all five transactions, the filing states that Lindblad directly and beneficially owned 10,167,399 shares of common stock.

The filing notes that all reported sales "occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 17, 2026." The filing further states that Lindblad has provided, and will provide upon request, information regarding the number of shares sold at each price within the reported weighted average ranges to the issuer, any security holder, or the SEC staff.

What Was Disclosed

The Form 4 discloses five open-market sales of Lindblad Expeditions Holdings common stock by director and 10% owner Sven-Olof Lindblad between October 23 and October 26, 2026, totaling 116,129 shares, all conducted under a pre-established Rule 10b5-1 trading plan.