Welcome to our dedicated page for LINDBLAD EXPEDITIONS HOLDINGS SEC filings (Ticker: LIND), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Lindblad Expeditions Holdings Inc. filings document the formal disclosures of an operating company in expedition cruises and adventure travel. Recent Form 8-K reports cover quarterly and annual financial results, segment performance for Lindblad and Land Experiences, debt refinancing activity, senior secured notes, and the completed conversion of Series A Convertible Preferred Stock into common stock.
The company’s proxy materials describe annual meeting matters, director elections, executive compensation votes, auditor ratification, and stockholder voting procedures. Other filings record governance and management changes, compensation arrangements for executive officers, and material agreements tied to subsidiary ownership, including Lindblad’s increased ownership interest in Natural Habitat.
Lindblad Expeditions Holdings insider Benjamin Bressler, Founder & CEO of NHA, reported option exercises and share sales in mid-January 2026. On January 14, 2026, he exercised 94,259 stock options and acquired the same number of common shares, then sold 94,259 common shares at a weighted average price of $17.08, leaving 23,466 shares directly held afterward.
On January 15, 2026, he exercised another 7,311 stock options and acquired 7,311 common shares, then sold 7,311 common shares at a weighted average price of $17.01, with direct holdings remaining at 23,466 common shares. The stock options, granted under the company’s 2021 Long Term Incentive Plan, carried an exercise price of $8.44, and Bressler reported 343,205 stock options beneficially owned following these transactions.
Lindblad insider Benjamin Bressler has filed notice to sell additional common stock under Rule 144. The planned transaction covers 7,311 common shares, to be sold through Wells Fargo Clearing Services on the Nasdaq, with an indicated aggregate market value of $124,026.08. The issuer reports 55,400,743 common shares outstanding.
The 7,311 shares were acquired from the issuer on 01/15/2026 via stock options, with payment made by wire the same day. The filing also lists recent sales by Bressler over the past three months, including 16,123 common shares of LIND on 12/22/2025 for $241,440.85 and 222,386 shares on 01/12/2026 for $3,567,553.03, along with several other sizable transactions.
LIND investor Benjamin Bressler has filed a Rule 144 notice to sell 94,259 shares of the company’s common stock on Nasdaq through Wells Fargo Clearing Services. The filing states that these shares were acquired on 01/14/2026 via stock options, with payment made by wire the same day. As context, LIND reports 55,400,743 common shares outstanding. Over the past three months, Bressler has sold LIND common shares in multiple transactions, including 222,386 shares on 01/12/2026 for gross proceeds of $3,567,553.03.
Lindblad Expeditions Holdings insider Benjamin Bressler, an officer listed as *Founder & CEO of NHA, reported option exercises and related share sales. On January 9, 2026, he exercised 69,439 stock options at an exercise price of $8.44 per share, then sold 69,439 common shares at a weighted average price of $15.03 per share, with individual trades ranging from $15.00 to $15.07.
On January 12, 2026, he exercised an additional 222,386 stock options at $8.44 per share and sold 222,386 common shares at a weighted average price of $16.0822 per share, with trades between $16.00 and $16.24. Following these transactions, Bressler directly owned 23,466 shares of common stock and held 444,775 stock options beneficially.
Shareholder Benjamin Bressler has filed a notice to sell 222,386 common shares of LIND, with an aggregate market value of $3,567,553.03. The shares are to be sold through Wells Fargo Clearing Services on Nasdaq, with an approximate sale date of January 12, 2026.
The securities were acquired the same day via stock options from the issuer, with payment made by wire. In the past three months, Bressler has already sold common shares of LIND in three transactions totaling 16,123, 29,628, and 69,439 shares, generating gross proceeds of $241,440.85, $444,328.60, and $1,040,561.35, respectively.
A shareholder of LIND filed a Form 144 notice indicating an intent to sell 69,439 common shares through Wells Fargo Clearing Services on or about 01/09/2026 on the Nasdaq exchange. The filing lists an aggregate market value of $1,040,561.35 for these shares and notes that 55,400,743 common shares were outstanding.
In the same notice, the seller reports acquiring the 69,439 common shares via stock options from the issuer on 01/09/2026, with payment made by wire on that date. Over the prior three months, Benjamin Bressler is shown as having sold 16,123 and 29,628 common shares of LIND for gross proceeds of $241,440.85 and $444,328.60, respectively. By signing, the seller represents that they are not aware of undisclosed material adverse information about the issuer’s operations.
Lindblad Expeditions Holdings insider Benjamin Bressler exercised and sold shares on the same day. On January 7, 2026, he exercised a stock option for 29,628 shares of common stock at an exercise price of $8.44 per share under the 2021 Long Term Incentive Plan, then sold 29,628 shares of common stock in an open-market transaction at a weighted average price of $15.04 per share, with individual sale prices ranging from $15.00 to $15.12. Following these transactions, he held 23,466 shares of common stock and 736,600 stock options directly.
Lindblad Expeditions Holdings (LIND) filed a Form 144 notice for a planned stock sale. The filing covers the proposed sale of 29,628 shares of common stock through Wells Fargo Clearing Services on or about 01/07/2026 on the Nasdaq market, with an indicated aggregate market value of $444,328.60. These shares were acquired on the same date via stock options from the issuer and paid for by wire transfer.
The filing also reports that Benjamin Bressler sold 16,123 common shares of LIND on 12/22/2025 for gross proceeds of $241,440.85. The number of common shares outstanding is listed as 55,400,743, providing context for the size of the planned sale.
Lindblad Expeditions Holdings, Inc. is updating its fleet plans, announcing that the National Geographic Sea Bird and National Geographic Sea Lion will retire from its fleet in October 2026 after completing their farewell season.
Beginning in 2027, the company plans to expand its Alaska program by chartering the Greg Mortimer, which it says will support more exploration, offer more modern onboard accommodations and common spaces, introduce new itineraries, and further its long-standing expedition travel legacy.
Lindblad Expeditions (LIND) reported Q3 2025 results. Tour revenues were $240.2 million, up 17% year over year, with operating income of $35.97 million. Net income was $4.57 million, while net income attributable to Lindblad was $1.19 million. After preferred dividends, net loss available to common stockholders was $0.05 million, or $0.00 per basic share.
For the nine months, tour revenues reached $587.8 million, up 18%, with operating income of $50.99 million and a net loss of $1.38 million. Cash and cash equivalents were $261.78 million as of September 30, 2025, and unearned passenger revenues were $362.28 million, reflecting advance customer deposits.
The company issued $675.0 million of 7.00% senior secured notes on August 20, 2025, and used $667.5 million to repay its 6.75% and 9.00% notes, recording a $23.49 million loss on extinguishment. Long‑term debt (net of costs) was $663.44 million. The revolving credit facility was amended and increased to $60.0 million, with no borrowings outstanding.