<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <!-- Generated by Workiva -->
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001639304</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001512499</issuerCik>
      <issuerName>Lindblad Expeditions Holdings, Inc.</issuerName>
      <secFileNumber>001-35898</secFileNumber>
      <issuerAddress>
        <com:street1>96 Morton Street,  9th Floor</com:street1>
        <com:city>New York</com:city>
        <com:stateOrCountry>NY</com:stateOrCountry>
        <com:zipCode>10014</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>212-261-9000</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Sven-Olof Lindblad</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Founder, Co-Chairman, 10% Shareholder</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>J.P. Morgan Securities LLC</name>
        <address>
          <com:street1>270 Park Avenue - 10th Floor</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10017</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>500000</noOfUnitsSold>
      <aggregateMarketValue>8115000</aggregateMarketValue>
      <noOfUnitsOutstanding>55400743</noOfUnitsOutstanding>
      <approxSaleDate>01/20/2026</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>09/24/2019</acquiredDate>
      <natureOfAcquisitionTransaction>Transfer</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Sven-Olof Lindblad, who acquired Founder shares on 07/08/15</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>500000</amountOfSecuritiesAcquired>
      <paymentDate>09/24/2019</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>The shares covered by this filing will be sold by The Sven-Olof Lindblad Revocable Trust Agreement, Sven-Olof Lindblad as Trustee.</remarks>
    <noticeSignature>
      <noticeDate>01/20/2026</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>09/19/2025</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/ J.P. Morgan Securities LLC as agent and attorney-in-fact for Sven-Olof Lindblad</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
