Lindblad Expeditions (LIND) director receives 3,240-share restricted stock grant

Rhea-AI Filing Summary

SCHULTZ ALEX P reported acquisition or exercise transactions in this Form 4 filing.

LINDBLAD EXPEDITIONS HOLDINGS, INC. director Alex P. Schultz received a grant of 3,240 shares of restricted stock as an award under the company’s Long-Term Incentive Plan. The restricted stock vests one year from the grant date, subject to continued service, bringing Schultz’s directly held shares to 341,746.

Insider Trade Summary

Net Buyer: 3,240 shares

Net Buy 1 txn

Insider SCHULTZ ALEX P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock F1	3,240	$0.00	$0.00

Holdings After Transaction: Restricted Stock — 341,746 shares (Direct)

Footnotes (1)

1. F1. Restricted stock granted under Long-Term Incentive Plan. The restricted stock vests one year from the date of grant, subject to continued service.

Key Figures

Restricted stock granted: 3,240 shares Per-share grant price: $0.00 Shares held after transaction: 341,746 shares +2 more

5 metrics

Restricted stock granted 3,240 shares Award of restricted stock to director Alex P. Schultz

Per-share grant price $0.00 Reported transaction price for the restricted stock award

Shares held after transaction 341,746 shares Total direct holdings of Alex P. Schultz after the award

Vesting period 1 year Restricted stock vests one year from the grant date, subject to continued service

Number of acquire transactions 1 Form 4 reports one acquisition-type transaction of restricted stock

Key Terms

Restricted stock, Long-Term Incentive Plan, continued service, Grant, award, or other acquisition

4 terms

Restricted stock financial

"Restricted stock granted under Long-Term Incentive Plan."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Long-Term Incentive Plan financial

"Restricted stock granted under Long-Term Incentive Plan."

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

continued service financial

"vests one year from the date of grant, subject to continued service."

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

What insider transaction did LINDBLAD EXPEDITIONS (LIND) report for Alex P. Schultz?

LINDBLAD EXPEDITIONS reported that director Alex P. Schultz received a grant of 3,240 shares of restricted stock. The award was made under the company’s Long-Term Incentive Plan and increases his directly held stake in the company.

When does Alex P. Schultz’s new restricted stock in LINDBLAD EXPEDITIONS (LIND) vest?

The newly granted 3,240 restricted shares to Alex P. Schultz vest one year from the date of grant. Vesting is conditioned on his continued service with the company during that one-year period.

How many LINDBLAD EXPEDITIONS (LIND) shares does Alex P. Schultz hold after this award?

Following the grant, Alex P. Schultz directly holds 341,746 shares of LINDBLAD EXPEDITIONS common stock. This figure includes the newly awarded 3,240 restricted shares reported in the transaction.

Was there a purchase price for the LINDBLAD EXPEDITIONS (LIND) restricted stock granted to Alex P. Schultz?

The Form 4 reports the 3,240 restricted shares at a per-share transaction price of $0.00, indicating the award was a compensation grant rather than an open-market purchase of stock.

Under what plan was the LINDBLAD EXPEDITIONS (LIND) restricted stock granted to Alex P. Schultz?

The 3,240 restricted shares awarded to Alex P. Schultz were granted under LINDBLAD EXPEDITIONS’ Long-Term Incentive Plan. The footnote specifies standard vesting terms requiring one year of continued service.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/11/2026 - 05:43 PM Accepted by SEC EDGAR 08/11/2026 - 05:43 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^*

SCHULTZ ALEX P

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2026

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)

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
Restricted Stock	08/08/2026		A(1)		3,240	A	$0	341,746	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. Restricted stock granted under Long-Term Incentive Plan. The restricted stock vests one year from the date of grant, subject to continued service.

	/s/ John J. Wolfel, Attorney-in-Fact for for Alex P. Schultz	08/11/2026
	** 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)