Welcome to our dedicated page for Parker-Hannifin SEC filings (Ticker: PH), 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.
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Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) filed an 8-K on 8 July 2025 announcing two related agreements with Natural Habitat, Inc. (NatHab) founder Ben Bressler.
- Third Amendment to Stockholders’ Agreement: the company replaced the one-time 2026 put right with a perpetual, annually exercisable put right allowing Bressler to sell his remaining NatHab interest to Lindblad at any year-end while he remains a shareholder.
- Second Amended & Restated Employment Agreement: (i) establishes a performance-based Bonus Pool tied to NatHab consolidated net profits, (ii) grants Bressler option rights that may be issued when the perpetual put is exercised, (iii) extends his employment term through 31 Dec 2028, and (iv) removes expired compensation references.
These changes secure the continued leadership of NatHab’s founder, align incentives with NatHab profitability, and give Lindblad flexible timing to acquire the remaining minority stake. However, the perpetual put and potential option issuance introduce an open-ended future cash or share outflow, which could affect capital allocation and dilution.