Lindblad CEO reports RSU grant, tax share withholding
LINDBLAD EXPEDITIONS HOLDINGS, INC. insider Benjamin Bressler reported routine equity compensation activity.
Rhea-AI Filing Summary
LINDBLAD EXPEDITIONS HOLDINGS, INC. insider Benjamin Bressler reported routine equity compensation activity. On March 15, 2026, he received a grant of 243,916 shares of Common Stock as a restricted stock unit award that vested 100% on March 16, 2026.
On March 16, 2026, 106,713 shares of Common Stock were disposed of at $16.93 per share through a tax-withholding transaction to cover obligations tied to this award, not an open-market sale. After these transactions, he directly held 164,138 Common shares and a stock option to buy 771,863 shares at an exercise price of $17.65 per share, expiring March 10, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
BRESSLER BENJAMIN
Role
*Founder & CEO of NHA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 106,713 | $16.93 | $1.81M |
| Grant/Award | Common Stock | 243,916 | $0.00 | $0.00 |
| holding | Stock Option (right to buy | -- | -- | -- |
Holdings After Transaction:
Common Stock — 164,138 shares (Direct);
Stock Option (right to buy — 771,863 contracts (Direct)
Footnotes (2)
- F1. Represents award of restricted stock units that vested 100% on March 16, 2026.
- F2. Stock option granted under the 2021 Long Term Incentive Plan pursuant to his employment agreement.
Key Figures
RSU grant: 243,916 shares
Tax-withholding shares: 106,713 shares at $16.93/share
Direct common shares held: 164,138 shares
+2 more
5 metrics
RSU grant
243,916 shares
Restricted stock unit award vested 100% on March 16, 2026
Tax-withholding shares
106,713 shares at $16.93/share
Shares delivered March 16, 2026 to cover tax liability
Direct common shares held
164,138 shares
Common Stock directly owned after reported transactions
Stock option underlying shares
771,863 shares
Common Stock underlying option expiring March 10, 2036
Stock option exercise price
$17.65/share
Exercise price under 2021 Long Term Incentive Plan option
Key Terms
restricted stock units, tax-withholding disposition, Stock Option (right to buy, 2021 Long Term Incentive Plan, +1 more
5 terms
restricted stock units financial
"Represents award of restricted stock units that vested 100% on March 16, 2026."
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.
Stock Option (right to buy financial
"security_title": "Stock Option (right to buy""
2021 Long Term Incentive Plan financial
"Stock option granted under the 2021 Long Term Incentive Plan pursuant to his employment agreement."
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LIND founder Benjamin Bressler report on this Form 4?
Benjamin Bressler reported a grant of 243,916 shares of Common Stock as restricted stock units and a related tax-withholding disposition of 106,713 shares. These entries reflect equity compensation and tax coverage rather than open-market buying or selling.
What equity award did LIND grant to Benjamin Bressler in March 2026?
Lindblad Expeditions granted Benjamin Bressler 243,916 shares of Common Stock as a restricted stock unit award. Footnotes indicate the award vested 100% on March 16, 2026, with no purchase price, reflecting compensation rather than an open-market acquisition.
What stock options does Benjamin Bressler retain in LIND after this Form 4?
Bressler holds a stock option covering 771,863 underlying common shares with a $17.65 exercise price, expiring March 10, 2036. The option was granted under the 2021 Long Term Incentive Plan pursuant to his employment agreement and remains outstanding after the reported transactions.
Does this LIND Form 4 show net buying or selling by Benjamin Bressler?
The Form 4 shows a mix of activity: a large equity grant and a tax-withholding disposition. The net buy/sell direction is neutral, as the disposition was solely to satisfy tax obligations tied to compensation rather than discretionary selling in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
