Sven-Olof Lindblad (LIND) sells 28,002 Lindblad Expeditions shares under plan
Rhea-AI Filing Summary
Lindblad Expeditions Holdings director and 10% owner Sven-Olof Lindblad sold 28,002 shares of the company’s common stock on February 4, 2026. The sale was made under a pre-arranged Rule 10b5-1 trading plan at a weighted average price of $17.6069 per share, with actual prices ranging from $17.43 to $17.72. After this transaction, Lindblad still beneficially owns 10,783,962 shares of Lindblad Expeditions common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,002 | $17.6069 | $493K |
Footnotes (1)
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FAQ
What insider transaction did Sven-Olof Lindblad report for LIND?
Sven-Olof Lindblad reported selling 28,002 shares of Lindblad Expeditions common stock. The transaction occurred on February 4, 2026, under a Rule 10b5-1 trading plan at a weighted average price of $17.6069 per share, with prices ranging from $17.43 to $17.72.
Was the LIND insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sales were made pursuant to a Rule 10b5-1 trading plan. This type of pre-arranged plan allows insiders to schedule trades in advance, helping separate their personal trading decisions from day-to-day nonpublic corporate developments.
What is Sven-Olof Lindblad’s role at Lindblad Expeditions (LIND)?
According to the filing, Sven-Olof Lindblad is both a director and a 10% owner of Lindblad Expeditions Holdings, Inc. This dual status means he has significant influence and must report transactions in the company’s stock through regulatory insider ownership disclosures.