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Shareholder in LIND (NASDAQ: LIND) plans Rule 144 sale of 500,000 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LIND received a notice of proposed sale of restricted or control securities under Rule 144. A shareholder has filed to sell 500,000 shares of common stock through J.P. Morgan Securities LLC on the NASDAQ, with an indicated aggregate market value of $8,115,000. The filing lists 55,400,743 shares of common stock outstanding for the issuer. The shares to be sold were acquired on 09/24/2019 by transfer from Sven-Olof Lindblad, who originally acquired founder shares on 07/08/2015. The form includes the standard representation that the seller does not know of any undisclosed material adverse information about the issuer.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

How many LIND common shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 500,000 shares of common stock of LIND.

What is the aggregate market value of the LIND shares covered by this Form 144?

The filing lists an aggregate market value of $8,115,000 for the 500,000 common shares to be sold.

Which broker and exchange are listed for the planned LIND share sale?

The proposed sale is through J.P. Morgan Securities LLC with trading on the NASDAQ exchange.

How many LIND shares are stated as outstanding in this Form 144 notice?

The notice states that there are 55,400,743 shares of LIND common stock outstanding.

When were the LIND shares to be sold originally acquired and from whom?

The 500,000 common shares were acquired on 09/24/2019 by transfer from Sven-Olof Lindblad, who acquired founder shares on 07/08/2015.

What is the approximate date of sale for the LIND shares in this Form 144?

The filing lists an approximate date of sale of 01/20/2026 for the proposed transaction.

Lindblad Expeditions Hldgs Inc

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