Lindblad executive sells 26,460 shares
Lindblad Expeditions Holdings, Inc. executive Trey Byus, the Chief Expedition Officer, reported an open-market sale of 26,460 shares of Common Stock on May 11, 2026.
Rhea-AI Filing Summary
Lindblad Expeditions Holdings, Inc. executive Trey Byus, the Chief Expedition Officer, reported an open-market sale of 26,460 shares of Common Stock on May 11, 2026. The weighted average sale price was $20.2345 per share, with individual trade prices ranging from $20.05 to $20.70.
After these transactions, Byus directly holds 111,530 shares of Lindblad Expeditions common stock. The filing notes that the reported price is a weighted average and that detailed breakdowns of shares sold at each price within the range are available to the issuer, its shareholders, or SEC staff upon request.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 26,460 shares
Net Sell
1 txn
Insider
Byus Trey
Role
Chief Expedition Officer
Sold
26,460 shs ($535K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 26,460 | $20.2345 | $535K |
Holdings After Transaction:
Common Stock — 111,530 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The prices actually received ranged from $20.05 to $20.70. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
Key Figures
Shares sold: 26,460 shares
Weighted average sale price: $20.2345 per share
Post-transaction holdings: 111,530 shares
+1 more
4 metrics
Shares sold
26,460 shares
Open-market sale of Common Stock on May 11, 2026
Weighted average sale price
$20.2345 per share
Average price for reported open-market sale range
Post-transaction holdings
111,530 shares
Shares directly owned after the reported sale
Sale price range
$20.05–$20.70 per share
Range of individual transaction prices within the sale
Key Terms
weighted average price, open-market sale, Common Stock, Form 4
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"for all transactions reported in this Form 4 utilizing a weighted average price."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Lindblad Expeditions (LIND) report for Trey Byus?
Trey Byus reported selling 26,460 Lindblad Expeditions shares. The Chief Expedition Officer executed an open-market sale of Common Stock, as disclosed in a Form 4, reflecting routine portfolio activity rather than a grant or option exercise.
What type of transaction did Trey Byus execute in Lindblad Expeditions (LIND) stock?
The filing describes the transaction as an open-market sale. It is coded as a non-derivative sale of Common Stock, indicating direct share sales rather than option exercises, conversions, gifts, or tax-withholding dispositions often seen in other insider filings.
Does the Lindblad Expeditions (LIND) Form 4 explain the sale price details?
Yes, the Form 4 explains that the price is a weighted average. It states that individual sale prices ranged from $20.05 to $20.70 and that detailed trade-level pricing information is available to the issuer, shareholders, or SEC staff upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
