Lindblad (LIND) director Fahey sells 1,000 restricted shares at $19.395
Rhea-AI Filing Summary
LINDBLAD EXPEDITIONS HOLDINGS, INC. director John M. Fahey Jr. reported an open-market sale of 1,000 shares of restricted stock on May 14, 2026 at a weighted average price of $19.395 per share, in trades ranging from $19.43 to $19.48. After the sale, he holds 117,486 shares directly.
Positive
- None.
Negative
- None.
Insights
Director’s small open-market sale appears routine relative to remaining stake.
Director John M. Fahey Jr. executed an open-market sale of 1,000 restricted stock shares at a weighted average of $19.395 per share. The footnote clarifies the price reflects multiple trades between $19.43 and $19.48, a narrow band typical of ordinary market execution.
Following the transaction, he continues to hold 117,486 shares directly, indicating that only a limited portion of his position was sold. There are no derivative positions listed, and no reference to trading plans or unusual circumstances in the provided excerpt, so this looks like a routine liquidity event rather than a thesis-changing move.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares
Net Sell
1 txn
Insider
FAHEY JOHN M JR
Role
Director
Sold
1,000 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Restricted Stock | 1,000 | $19.395 | $19K |
Holdings After Transaction:
Restricted Stock — 117,486 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.43 to $19.48, inclusive. The Reporting Person undertakes to provide Lindblad Expeditions Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Key Figures
Shares sold: 1,000 shares
Weighted average sale price: $19.395 per share
Sale price range: $19.43–$19.48 per share
+2 more
5 metrics
Shares sold
1,000 shares
Restricted stock sold on May 14, 2026
Weighted average sale price
$19.395 per share
Open-market sale price reported in Form 4
Sale price range
$19.43–$19.48 per share
Range of individual trade prices in the transaction
Shares held after transaction
117,486 shares
Direct ownership following the reported sale
Net shares sold
1,000 shares
Net sell direction from transaction summary
Key Terms
Restricted Stock, weighted average price, open-market sale, Sale in open market or private transaction, +1 more
5 terms
Restricted Stock financial
"security_title: "Restricted Stock""
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.
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.
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LIND director John M. Fahey Jr. report?
He reported selling 1,000 restricted stock shares in the open market. The sale occurred on May 14, 2026 and was executed at a weighted average price of $19.395 per share, based on multiple trades within a narrow intraday price range.
What type of security did John M. Fahey Jr. sell in this LIND Form 4?
He sold shares classified as Restricted Stock. Restricted stock typically originates from equity compensation awards that are subject to vesting or transfer restrictions, and later may be sold in the open market once conditions and holding requirements are satisfied.
Was John M. Fahey Jr.’s LIND stock sale a market purchase or a private transaction?
The transaction is described as an open-market sale. The Form 4 uses transaction code “S” with the description “Sale in open market or private transaction,” and the detailed pricing range aligns with typical open-market trading activity.