STOCK TITAN

[Form 4] Lindblad Expeditions Holdings Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

This Form 4 reports a restricted stock award to a company director. Andrew Stuart, identified as a director of Lindblad Expeditions Holdings, Inc. (LIND), was granted 8,899 restricted shares under the company's Long-Term Incentive Plan with a reported price of $12.36 per share. The filing shows the acquisition code A and records 23,546 shares beneficially owned following the reported transaction, held in a direct form of ownership.

The restricted shares vest one year from the grant date, subject to continued service, per the filing's explanation. The disclosure is a routine compensation issuance to align a director's interests with shareholders and does not include other transaction types or derivative activity in this filing.

Questo Modulo 4 segnala un'assegnazione di azioni soggette a restrizioni a un amministratore della società. Andrew Stuart, identificato come direttore di Lindblad Expeditions Holdings, Inc. (LIND), ha ricevuto 8,899 azioni soggette a restrizioni nell'ambito del Piano di Incentivazione a Lungo Termine della società, con un prezzo riportato di $12.36 per azione. La comunicazione indica il codice di acquisizione A e registra 23,546 azioni di cui beneficia dopo la transazione segnalata, detenute in forma di proprietà diretta.

Secondo la dichiarazione, le azioni soggette a restrizioni maturano un anno dalla data di assegnazione, subordinatamente alla continuità del servizio. La disclosure rappresenta un'emissione compensativa ordinaria volta ad allineare gli interessi del direttore con quelli degli azionisti e non include altri tipi di transazioni o attività su derivati in questo filing.

Este Formulario 4 informa sobre una adjudicación de acciones restringidas a un director de la compañía. Andrew Stuart, identificado como director de Lindblad Expeditions Holdings, Inc. (LIND), recibió 8,899 acciones restringidas en el marco del Plan de Incentivos a Largo Plazo de la compañía, con un precio declarado de $12.36 por acción. La presentación muestra el código de adquisición A y registra 23,546 acciones de las que es beneficiario tras la transacción informada, mantenidas en forma de propiedad directa.

Según la presentación, las acciones restringidas se consolidan al cabo de un año desde la fecha de concesión, sujeto a la continuidad del servicio. La divulgación es una emisión de compensación rutinaria para alinear los intereses del director con los de los accionistas y no incluye otros tipos de transacción ni actividad con derivados en este filing.

이 Form 4는 회사 이사에 대한 제한부 주식 수여를 보고합니다. Lindblad Expeditions Holdings, Inc. (LIND)의 이사로 지정된 Andrew Stuart는 회사의 장기 인센티브 플랜에 따라 8,899주의 제한부 주식을 부여받았으며, 주당 보고된 가격은 $12.36입니다. 제출 서류에는 취득 코드 A가 표시되어 있으며, 보고된 거래 후에 실질적으로 보유한 주식 수는 23,546주로 직접 소유 형태로 보유하고 있다고 기록되어 있습니다.

서류에 따르면 제한부 주식은 부여일로부터 1년 후에(지속적인 근무를 조건으로) 권리 확정(베스팅)됩니다. 본 공시는 이사의 이해관계를 주주와 일치시키기 위한 통상적인 보상 지급으로, 본 제출서류에는 기타 거래 유형이나 파생상품 관련 활동은 포함되어 있지 않습니다.

Ce formulaire 4 signale une attribution d'actions restreintes à un administrateur de la société. Andrew Stuart, identifié comme administrateur de Lindblad Expeditions Holdings, Inc. (LIND), s'est vu accorder 8,899 actions restreintes dans le cadre du Plan d'incitation à long terme de la société, avec un prix déclaré de $12.36 par action. le dépôt indique le code d'acquisition A et enregistre 23,546 actions dont il bénéficie suite à la transaction déclarée, détenues sous forme de propriété directe.

Selon le document, les actions restreintes deviennent acquises un an après la date d'attribution, sous réserve de la poursuite du service. La divulgation constitue une attribution de rémunération routinière visant à aligner les intérêts de l'administrateur sur ceux des actionnaires et n'inclut pas d'autres types de transactions ni d'activité sur dérivés dans ce dépôt.

Dieses Formular 4 meldet eine Zuteilung eingeschränkter Aktien an einen Direktor des Unternehmens. Andrew Stuart, als Direktor von Lindblad Expeditions Holdings, Inc. (LIND) ausgewiesen, wurde im Rahmen des langfristigen Anreizplans des Unternehmens 8,899 eingeschränkte Aktien zugewiesen, mit einem gemeldeten Preis von $12.36 je Aktie. Die Meldung weist den Erwerbscode A aus und verzeichnet nach der gemeldeten Transaktion 23,546 Aktien, von denen er wirtschaftlich Nutzen hat, gehalten in Form direkter Eigentümerschaft.

Der Einreichung zufolge werden die eingeschränkten Aktien ein Jahr nach dem Gewährungsdatum fällig, vorbehaltlich fortgesetzter Dienstzeit. Die Offenlegung stellt eine routinemäßige Vergütungszuteilung dar, um die Interessen des Direktors mit denen der Aktionäre in Einklang zu bringen, und enthält in dieser Meldung keine weiteren Transaktionsarten oder Derivateaktivitäten.

Positive
  • Director alignment: Grant of restricted stock under the LTIP aligns the director's interests with shareholders by tying compensation to equity performance.
  • Clear vesting terms: Award vests one year from grant date, providing defined retention and performance alignment conditions.
Negative
  • Minor dilution: The award increases outstanding insider holdings by 8,899 shares, which could modestly dilute existing shareholders depending on total share count.
  • No derivative activity disclosed: The filing shows only equity acquisition; it does not provide additional context on other potential insider positions or broader compensation aggregates.

Insights

TL;DR: Routine director LTIP grant—minor ownership increase and alignment with shareholders, not a material corporate event.

The Form 4 documents a director-level compensation award rather than a market-moving corporate action. The director acquired 8,899 restricted shares at a reported price of $12.36, bringing reported beneficial ownership to 23,546 shares. The award vests in one year subject to continued service, indicating short-term retention incentives. This is a standard equity compensation disclosure and, absent additional context on company share count or other insider activity, should be treated as routine with neutral investor impact.

TL;DR: Governance-wise, restricted stock with a one-year vesting aligns director incentives; disclosure appears complete for this transaction.

The filing specifies the grant source as the Long-Term Incentive Plan and documents vesting terms of one year from grant date, which is a clear, short-term retention schedule. The reporting person is identified as a director and the ownership form is noted as direct. From a governance perspective, such grants are common practice to align management and board interests with shareholders. The filing contains the required transaction details and an explanation of the award; no derivative positions or sales are reported here.

Questo Modulo 4 segnala un'assegnazione di azioni soggette a restrizioni a un amministratore della società. Andrew Stuart, identificato come direttore di Lindblad Expeditions Holdings, Inc. (LIND), ha ricevuto 8,899 azioni soggette a restrizioni nell'ambito del Piano di Incentivazione a Lungo Termine della società, con un prezzo riportato di $12.36 per azione. La comunicazione indica il codice di acquisizione A e registra 23,546 azioni di cui beneficia dopo la transazione segnalata, detenute in forma di proprietà diretta.

Secondo la dichiarazione, le azioni soggette a restrizioni maturano un anno dalla data di assegnazione, subordinatamente alla continuità del servizio. La disclosure rappresenta un'emissione compensativa ordinaria volta ad allineare gli interessi del direttore con quelli degli azionisti e non include altri tipi di transazioni o attività su derivati in questo filing.

Este Formulario 4 informa sobre una adjudicación de acciones restringidas a un director de la compañía. Andrew Stuart, identificado como director de Lindblad Expeditions Holdings, Inc. (LIND), recibió 8,899 acciones restringidas en el marco del Plan de Incentivos a Largo Plazo de la compañía, con un precio declarado de $12.36 por acción. La presentación muestra el código de adquisición A y registra 23,546 acciones de las que es beneficiario tras la transacción informada, mantenidas en forma de propiedad directa.

Según la presentación, las acciones restringidas se consolidan al cabo de un año desde la fecha de concesión, sujeto a la continuidad del servicio. La divulgación es una emisión de compensación rutinaria para alinear los intereses del director con los de los accionistas y no incluye otros tipos de transacción ni actividad con derivados en este filing.

이 Form 4는 회사 이사에 대한 제한부 주식 수여를 보고합니다. Lindblad Expeditions Holdings, Inc. (LIND)의 이사로 지정된 Andrew Stuart는 회사의 장기 인센티브 플랜에 따라 8,899주의 제한부 주식을 부여받았으며, 주당 보고된 가격은 $12.36입니다. 제출 서류에는 취득 코드 A가 표시되어 있으며, 보고된 거래 후에 실질적으로 보유한 주식 수는 23,546주로 직접 소유 형태로 보유하고 있다고 기록되어 있습니다.

서류에 따르면 제한부 주식은 부여일로부터 1년 후에(지속적인 근무를 조건으로) 권리 확정(베스팅)됩니다. 본 공시는 이사의 이해관계를 주주와 일치시키기 위한 통상적인 보상 지급으로, 본 제출서류에는 기타 거래 유형이나 파생상품 관련 활동은 포함되어 있지 않습니다.

Ce formulaire 4 signale une attribution d'actions restreintes à un administrateur de la société. Andrew Stuart, identifié comme administrateur de Lindblad Expeditions Holdings, Inc. (LIND), s'est vu accorder 8,899 actions restreintes dans le cadre du Plan d'incitation à long terme de la société, avec un prix déclaré de $12.36 par action. le dépôt indique le code d'acquisition A et enregistre 23,546 actions dont il bénéficie suite à la transaction déclarée, détenues sous forme de propriété directe.

Selon le document, les actions restreintes deviennent acquises un an après la date d'attribution, sous réserve de la poursuite du service. La divulgation constitue une attribution de rémunération routinière visant à aligner les intérêts de l'administrateur sur ceux des actionnaires et n'inclut pas d'autres types de transactions ni d'activité sur dérivés dans ce dépôt.

Dieses Formular 4 meldet eine Zuteilung eingeschränkter Aktien an einen Direktor des Unternehmens. Andrew Stuart, als Direktor von Lindblad Expeditions Holdings, Inc. (LIND) ausgewiesen, wurde im Rahmen des langfristigen Anreizplans des Unternehmens 8,899 eingeschränkte Aktien zugewiesen, mit einem gemeldeten Preis von $12.36 je Aktie. Die Meldung weist den Erwerbscode A aus und verzeichnet nach der gemeldeten Transaktion 23,546 Aktien, von denen er wirtschaftlich Nutzen hat, gehalten in Form direkter Eigentümerschaft.

Der Einreichung zufolge werden die eingeschränkten Aktien ein Jahr nach dem Gewährungsdatum fällig, vorbehaltlich fortgesetzter Dienstzeit. Die Offenlegung stellt eine routinemäßige Vergütungszuteilung dar, um die Interessen des Direktors mit denen der Aktionäre in Einklang zu bringen, und enthält in dieser Meldung keine weiteren Transaktionsarten oder Derivateaktivitäten.

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*
Stuart Andrew

(Last) (First) (Middle)
C/O LINDBLAD EXPEDITIONS HOLDING, INC.
96 MORTON STREET, 9TH FLOOR

(Street)
NEW YORK NY 10014

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/08/2025 A(1) 8,899 A $12.36 23,546 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 Andrew Stuart 08/12/2025
** 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.

FAQ

What transaction did the Lindblad (LIND) Form 4 report for Andrew Stuart?

The Form 4 reports an acquisition of 8,899 restricted shares under the Long-Term Incentive Plan (transaction code A).

How many shares does Andrew Stuart beneficially own after the reported transaction?

Following the reported transaction, the filing shows 23,546 shares beneficially owned.

What are the key terms of the restricted stock grant disclosed on the Form 4?

The restricted stock was granted under the company's LTIP and vests one year from the grant date, subject to continued service.

What price was reported for the restricted shares on the Form 4?

The filing lists a reported price of $12.36 per share associated with the restricted stock acquisition.

Does the Form 4 disclose any derivative securities or sales by the reporting person?

No; Table II shows no derivative securities, and the filing discloses only the restricted stock acquisition.
Lindblad Expeditions Hldgs Inc

NASDAQ:LIND

LIND Rankings

LIND Latest News

LIND Latest SEC Filings

LIND Stock Data

743.49M
37.37M
31.84%
76.34%
4.71%
Travel Services
Transportation Services
Link
United States
NEW YORK