Form 144: Benjamin Bressler to divest $98K in Lindblad stock

Rhea-AI Filing Summary

Lindblad Expeditions Holdings Inc. (LIND) – Form 144 filing

President/insider Benjamin Bressler has notified the SEC of his intent to sell up to 7,567 common shares through Wells Fargo Clearing Services on or after 4 Aug 2025. Based on the filing’s reference price, the proposed transaction is valued at roughly $98.5 k.

The notice also shows that during the prior three months the same insider sold 47,325 shares for gross proceeds of $614.3 k. Including the planned sale, aggregate disposals over a four-month span would reach 54,892 shares—about 0.10 % of the company’s 54.7 million shares outstanding.

• No earnings or operational data accompany the notice; it is a routine disclosure required under Rule 144.
• The sale size is immaterial to the share float, but the continuing pattern of insider selling may warrant investor monitoring.

Insights

Securities Analyst

TL;DR: Modest insider sale (0.1 % of float) is immaterial; sentiment signal only.

The 7,567-share, $98 k sale—combined with July’s 47 k shares—totals just 0.1 % of LIND’s shares outstanding. Liquidity, EPS and ownership structure remain effectively unchanged, so the filing is fundamentally neutral. That said, a continued trend of insider sales can erode market confidence, making it a sentiment indicator worth tracking.

Corporate Governance Expert

TL;DR: Rule 144 disclosure is complete; governance risk appears low.

The filing lists broker, dates and prior sales, satisfying Rule 144 transparency. No 10b5-1 date implies discretionary execution, yet transaction size is immaterial. Insider affirms no undisclosed adverse information. From a governance standpoint, this is routine and non-impactful, though repeating sales could invite scrutiny.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Wells Fargo Clearing Services 1 N. Jefferson Ave. St. Louis MO 63103	7567	98471.23	54707948	08/04/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/04/2025	Non-Qualified Stock Options	Issuer			7567	08/04/2025	Wire

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Benjamin Bressler 96 MORTON STREET 9th Floor NEW YORK NY 10014	LIND Common Shares	07/23/2025	47325	614322.86

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Lindblad (LIND) shares does the insider plan to sell?

The Form 144 covers 7,567 common shares.

What is the estimated dollar value of the proposed sale?

At the referenced market price, the sale is valued at approximately $98,471.

When can the shares be sold under this Form 144?

The approximate sale date disclosed is 08/04/2025.

How many shares has the insider already sold in the last three months?

The filing states 47,325 shares were sold on 07/23/2025 for $614,322.86.

What percentage of Lindblad’s shares outstanding does the planned sale represent?

Only about 0.01 % of the 54.7 million shares outstanding.

Does the Form 144 include any earnings or financial guidance?

No. The document is strictly a notice of proposed insider sale and contains no financial results.