Director at Norwegian Cruise Line (NCLH) awarded 8,912 RSUs

Rhea-AI Filing Summary

MacDonald Brian P reported acquisition or exercise transactions in this Form 4 filing.

Norwegian Cruise Line Holdings Ltd. director Brian P. MacDonald received a grant of 8,912 restricted share units of common stock as equity compensation. These units carry no purchase price and will vest in a single installment on January 4, 2027. Following this grant, he holds 8,912 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MacDonald Brian P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,912	$0.00	--

Holdings After Transaction: Common Stock — 8,912 shares (Direct)

Footnotes (1)

1. Each restricted share unit represents the contingent right to receive one share of Norwegian Cruise Line Holdings Ltd.'s ("NCLH") common stock upon vesting. Represents a grant of restricted share units under NCLH's Amended and Restated 2013 Performance Incentive Plan. The restricted share units will vest in one installment on January 4, 2027.

Key Figures

RSU grant size: 8,912 units Grant price: $0.0000 per share Vesting date: January 4, 2027 +1 more

4 metrics

RSU grant size 8,912 units Restricted share units granted to director

Grant price $0.0000 per share Equity award, no purchase price

Vesting date January 4, 2027 Single-installment vesting for RSU grant

Shares after transaction 8,912 shares Total common shares held directly after grant

Key Terms

restricted share unit, Amended and Restated 2013 Performance Incentive Plan, vesting

3 terms

restricted share unit financial

"Each restricted share unit represents the contingent right to receive one share..."

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

Amended and Restated 2013 Performance Incentive Plan financial

"Represents a grant of restricted share units under NCLH's Amended and Restated 2013 Performance Incentive Plan."

An amended and restated 2013 performance incentive plan is a company compensation program that was originally created in 2013 and has since been updated and rewritten to replace the older version. It sets out how employees and executives can earn pay tied to meeting specific performance targets (like sales, profit, or stock goals); investors care because it affects how future pay is awarded, potential share dilution, and whether management’s incentives align with shareholder interests—think of it as a revised game rulebook for rewarding results.

vesting financial

"The restricted share units will vest in one installment on January 4, 2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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^*

MacDonald Brian P

(Last) (First) (Middle)

7665 CORPORATE CENTER DRIVE

(Street)

MIAMI FLORIDA 33126

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Norwegian Cruise Line Holdings Ltd. [ NCLH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

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(1)	04/13/2026		A		8,912(2)	A	$0	8,912	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:

1. Each restricted share unit represents the contingent right to receive one share of Norwegian Cruise Line Holdings Ltd.'s ("NCLH") common stock upon vesting.

2. Represents a grant of restricted share units under NCLH's Amended and Restated 2013 Performance Incentive Plan. The restricted share units will vest in one installment on January 4, 2027.

	/s/ Daniel S. Farkas, as attorney-in-fact for Brian P. MacDonald	04/14/2026
	** 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 did Brian P. MacDonald report in this Form 4 for NCLH?

Brian P. MacDonald reported receiving 8,912 restricted share units of Norwegian Cruise Line Holdings common stock. This is an equity compensation award, not an open-market stock purchase or sale, and reflects a grant tied to his role as a director.

Is the Form 4 transaction for NCLH a stock purchase or sale?

The Form 4 shows an acquisition through a grant, not a market buy or sell. MacDonald received 8,912 restricted share units at no cash cost, classified as a grant or award rather than an open-market transaction in Norwegian Cruise Line stock.

When do Brian P. MacDonald’s NCLH restricted share units vest?

The 8,912 restricted share units are scheduled to vest in one installment on January 4, 2027. Vesting means he will become entitled to receive one share of Norwegian Cruise Line common stock for each unit at that time, subject to plan terms.

How many Norwegian Cruise Line shares does MacDonald hold after this grant?

After the reported grant, MacDonald directly holds 8,912 shares of Norwegian Cruise Line common stock. This figure reflects his position following the award and highlights that the entire reported amount comes from this single restricted share unit grant.

What plan governs the NCLH restricted share unit grant to MacDonald?

The grant was made under Norwegian Cruise Line Holdings’ Amended and Restated 2013 Performance Incentive Plan. This plan provides equity-based compensation such as restricted share units, aligning director incentives with shareholder interests through stock-linked awards instead of cash.