Trust tied to Lindblad (NASDAQ: LIND) plans 500,000-share stock sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Lindblad Expeditions Holdings, Inc. is the issuer for a planned sale of 500,000 shares of its common stock, with an aggregate market value of $8,120,000, to be executed through J.P. Morgan Securities LLC on NASDAQ around 01/29/2026.
The seller’s account is tied to a transfer of 500,000 common shares on 09/24/2019 from Sven-Olof Lindblad, who acquired founder shares on 07/08/2015. The notice states that 55,400,743 common shares were outstanding when the filing was prepared.
Over the prior three months, the Sven-Olof Lindblad Revocable Trust Agreement sold multiple common stock blocks, including 80,520 shares on 01/20/2026 for gross proceeds of $1,261,649 and 86,639 shares on 01/28/2026 for $1,411,712.
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FAQ
What does the Form 144 filing for LIND disclose about upcoming stock sales?
The filing shows a planned sale of 500,000 shares of Lindblad Expeditions common stock. The shares have an aggregate market value of $8,120,000 and are expected to be sold on NASDAQ through J.P. Morgan Securities LLC around January 29, 2026.
Who is the seller in the Lindblad Expeditions (LIND) Form 144 transaction?
The securities to be sold are linked to a transfer of 500,000 common shares on September 24, 2019 from Sven-Olof Lindblad, who acquired founder shares on July 8, 2015. The filing also references the Sven-Olof Lindblad Revocable Trust Agreement as a recent seller.
What recent Lindblad Expeditions (LIND) stock sales has the trust reported?
The Sven-Olof Lindblad Revocable Trust Agreement reported several common stock sales in January 2026, including 80,520 shares for $1,261,649 on January 20 and 86,639 shares for $1,411,712 on January 28, along with multiple other blocks sold on adjacent trading days.
What representation does the seller make regarding nonpublic information in this Form 144?
By signing the notice, the seller represents not knowing any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. If relying on a Rule 10b5-1 plan, this representation also applies as of the plan adoption or instruction date.