Lindblad CEO granted 14,220 RSUs, updates holdings

LINDBLAD EXPEDITIONS HOLDINGS, INC.

Rhea-AI Filing Summary

LINDBLAD EXPEDITIONS HOLDINGS, INC. CEO Natalya Leahy received an equity grant tied to her compensation and had shares withheld to cover taxes. She was granted 14,220 restricted stock units that vest in three equal parts on March 31 of 2027, 2028 and 2029, subject to continued service. To satisfy tax obligations related to equity, 24,491 shares of common stock were disposed of through a tax-withholding mechanism. After these transactions, she directly holds 267,443 shares of the company’s common stock. This amended filing corrects the amount shown as beneficially owned following the reported transactions.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Leahy Natalya

Role CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	14,220	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	24,491	$0.00	$0.00

Holdings After Transaction: Common Stock — 267,443 shares (Direct)

Footnotes (2)

1. F1. Represents award of restricted stock units vesting one-third on March 31, 2027, 2028 and 2029, subject to continued service.
2. F2. Amending solely to correct the amount beneficially owned following the reported transaction.

Key Figures

RSU grant: 14,220 units Tax-withholding shares: 24,491 shares Shares after grant: 291,934 shares +2 more

5 metrics

RSU grant 14,220 units Restricted stock units granted to CEO on March 31, 2026

Tax-withholding shares 24,491 shares Shares disposed of to satisfy tax liability on March 31, 2026

Shares after grant 291,934 shares Direct holdings after RSU-related acquisition before tax withholding

Shares after withholding 267,443 shares Direct common stock ownership after all reported transactions

RSU vesting dates March 31, 2027, 2028, 2029 Three equal annual vesting installments subject to continued service

Key Terms

restricted stock units, tax-withholding disposition, beneficially owned, Grant, award, or other acquisition

4 terms

restricted stock units financial

"Represents award of restricted stock units vesting one-third on March 31, 2027, 2028 and 2029"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

beneficially owned financial

"Amending solely to correct the amount beneficially owned following the reported transaction."

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LIND CEO Natalya Leahy report on this Form 4/A?

LIND CEO Natalya Leahy reported an equity compensation grant and a related tax-withholding share disposition. She received 14,220 restricted stock units and 24,491 shares were withheld to cover taxes, leaving her with 267,443 common shares held directly after the transactions.

How many restricted stock units did the LIND CEO receive in this filing?

Natalya Leahy received 14,220 restricted stock units of Lindblad Expeditions common stock. These units are part of her compensation package and will not fully vest immediately, but instead follow a multi-year vesting schedule tied to her continued service with the company.

What is the vesting schedule for the LIND CEO’s 14,220 restricted stock units?

The 14,220 restricted stock units vest in three equal installments. One-third vests on March 31, 2027, one-third on March 31, 2028, and the final third on March 31, 2029, provided Natalya Leahy continues her service with Lindblad Expeditions throughout this period.

Why were 24,491 LIND shares disposed of in this Form 4/A?

The 24,491 Lindblad Expeditions shares were disposed of to pay tax obligations related to equity compensation. This tax-withholding disposition is coded as "F" and represents shares delivered to satisfy tax liabilities, not an open-market sale initiated for portfolio reasons.

How many LIND shares does the CEO own after these Form 4/A transactions?

After the reported grant and tax-withholding disposition, Natalya Leahy directly owns 267,443 shares of Lindblad Expeditions common stock. This figure reflects her beneficial ownership following the March 31, 2026 transactions as corrected by the amended Form 4/A filing.

What does the amendment in this LIND Form 4/A change?

The amendment states it is made solely to correct the beneficially owned amount after the transactions. It does not change the fact of the 14,220 restricted stock unit award or the 24,491-share tax-withholding disposition, but fixes the post-transaction ownership figure reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/06/2026 - 04:40 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Leahy Natalya

(Last) (First) (Middle)

C/O LINDBLAD EXPEDITIONS HOLDINGS, INC.

11 W 42ND STREET, SUITE 22B3

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LINDBLAD EXPEDITIONS HOLDINGS, INC. [ LIND ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
04/01/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		A(1)		14,220	A	$0	291,934	D
Common Stock	03/31/2026		F		24,491	D	$0	267,443(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents award of restricted stock units vesting one-third on March 31, 2027, 2028 and 2029, subject to continued service.

2. Amending solely to correct the amount beneficially owned following the reported transaction.

	/s/ John J. Wolfel, Attorney-in-Fact for Natalya Leahy	04/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)