Director and 10% owner Sven-Olof Lindblad filed a Form 4 on October 29, 2026, disclosing six sales of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) common stock totaling 230,197 shares across October 27-29, 2026, all executed under a Rule 10b5-1 trading plan.

Key Highlights

  • Total shares sold: 230,197 shares of common stock disposed of across six transactions over three trading days.
  • Rule 10b5-1 plan: All sales occurred automatically pursuant to a trading plan adopted by Sven-Olof Lindblad on June 17, 2026.
  • Weighted average prices: Ranged from $35.16 to $37.19 across the six reported transactions.
  • Remaining direct ownership: Following all reported transactions, Lindblad directly held 9,937,202 shares of common stock.
  • Reporting person roles: Sven-Olof Lindblad is identified as both a Director and a 10% Owner of the issuer.
  • Price ranges: Individual transaction ranges spanned as low as $34.58 to as high as $37.35 per share, according to the filing's footnotes.

Lindblad's Three-Day Sale Activity Under 10b5-1 Plan

According to the filing, Sven-Olof Lindblad disposed of shares in six separate transactions between October 27 and October 29, 2026. On October 27, two sales were recorded: 83,725 shares at a weighted average price of $35.46 (actual prices ranging from $34.89 to $35.89), and 11,200 shares at a weighted average price of $35.97 (ranging from $35.90 to $36.10). After those two transactions, his directly held position stood at 10,072,474 shares.

On October 28, the filing reports two additional sales: 57,100 shares at a weighted average of $35.16 (ranging from $34.58 to $35.57), and 11,300 shares at a weighted average of $35.77 (ranging from $35.62 to $35.86), reducing his direct holdings to 10,004,074 shares. On October 29, the final two transactions covered 50,834 shares at a weighted average of $36.87 (ranging from $36.08 to $37.08) and 16,038 shares at a weighted average of $37.19 (ranging from $37.09 to $37.35).

The filing notes that each sale was made pursuant to a Rule 10b5-1 trading plan adopted on June 17, 2026. The filing further states that Lindblad "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." The form was signed by John J. Wolfel as Attorney-in-Fact for Sven-Olof Lindblad on October 29, 2026.

What Was Disclosed

Sven-Olof Lindblad, Director and 10% Owner of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND), disclosed the sale of 230,197 shares of common stock over October 27-29, 2026, under a pre-established Rule 10b5-1 plan, leaving him with a direct beneficial ownership of 9,937,202 shares.