The sale by L. Dyson Dryden reduced direct holdings by 5.07% amid a 118.8% year-over-year share price surge.
Lindblad Expeditions Holdings (NASDAQ:LIND) Director L. Dyson Dryden sold 52,747 shares on May 29, 2026, for $1.2 million at $23.09 per share, according to an SEC filing. The transaction followed the stock’s close at $22.95, reflecting significant appreciation.
The sale accounted for 5.07% of Dryden’s direct holdings, leaving 988,054 shares. Over the past three years, Dryden’s filings show no prior open-market sales, with previous transactions administrative in nature. The company’s stock has risen 118.8% year-over-year as of the sale date.
All shares were held directly, with no involvement of trusts, LLCs, or derivative instruments. The filing did not disclose any immediate market reaction to the transaction.