Sven-Olof Lindblad (LIND) makes bona fide gift of 100,000 shares, retains over 10.6M

Rhea-AI Filing Summary

LINDBLAD EXPEDITIONS HOLDINGS, INC. director and major shareholder Sven-Olof Lindblad reported a bona fide gift of 100,000 shares of Common Stock on March 18, 2026. The transfer was recorded at a price of $0.00 per share, reflecting its gift status rather than a market sale. After the transaction, he directly holds 10,683,962 Common Stock shares.

Insider Trade Summary

100,000 shares gifted

Mixed 1 txn

Insider Lindblad Sven-Olof

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Gift	Common Stock	100,000	$0.00	--

Holdings After Transaction: Common Stock — 10,683,962 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Lindblad Sven-Olof

(Last) (First) (Middle)

C/O LINDBLAD EXPEDITIONS HOLDINGS, INC.

11 W 42ND STREET, SUITE 22B3

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

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	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	03/18/2026		G		100,000	D	$0	10,683,962	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:

	/s/ John J. Wolfel, Attorney-in-Fact for Sven-Olof Lindblad	03/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sven-Olof Lindblad report for LIND?

Sven-Olof Lindblad reported a bona fide gift of 100,000 shares of Lindblad Expeditions Common Stock. The transaction was recorded at $0.00 per share, indicating no sale proceeds, and is classified as a non-derivative disposition by gift, not an open-market trade.

Did Sven-Olof Lindblad sell or gift his LIND shares in this Form 4?

He gifted the shares. The Form 4 classifies the transaction as a bona fide gift of 100,000 Common Stock shares. The recorded price is $0.00 per share, confirming it was a non-cash transfer rather than an open-market sale or purchase of LIND shares.

How many LIND shares does Sven-Olof Lindblad hold after this reported gift?

After the gift, Sven-Olof Lindblad directly holds 10,683,962 shares of Lindblad Expeditions Common Stock. This post-transaction figure, reported in the Form 4, shows he retains a substantial equity position in the company even after transferring 100,000 shares as a gift.

What is the transaction code used in Sven-Olof Lindblad’s LIND Form 4?

The transaction uses code G, which indicates a bona fide gift. This means the 100,000 Common Stock shares were transferred without consideration. The filing also classifies the direction as a disposition through a gift transfer, not a sale on the open market.

Is the reported LIND insider transaction a derivative or non-derivative event?

The transaction is a non-derivative event involving Common Stock. No options, warrants, or other derivative securities are listed in the derivative summary. The Form 4 only reports a direct transfer of 100,000 Common Stock shares as a bona fide gift by Sven-Olof Lindblad.