Lindblad Sven-Olof 4

What Happened

• Sven-Olof Lindblad, reported as a 10% owner of Lindblad Expeditions Holdings, Inc. (LIND), reported a gift (transaction code G) of 100,000 shares on March 18, 2026. The transaction shows a $0.00 price and $0 total proceeds, indicating shares were transferred as a gift rather than sold for cash. The Form 4 was filed on March 20, 2026.

Key Details

• Transaction date: 2026-03-18; Transaction type: Gift (Code G).
• Shares transferred: 100,000; Transaction price: $0.00; Reported proceeds: $0.
• Form 4 filed: 2026-03-20 (covers the March 18 transaction) — filed within the typical 2-business-day window.
• Shares owned after transaction: not specified in the summarized filing details provided.
• No footnotes or 10b5-1 plan, tax-withholding, or cashless exercise notes were indicated in the provided summary.

Context

• A gift is a disposition but not a sale for cash; such transfers are commonly for personal, estate-planning, or family reasons and do not necessarily signal the insider’s view of the company’s prospects. As a 10% owner, Lindblad is a large shareholder; transfers by major shareholders alter ownership stakes but should be interpreted cautiously without additional context.