When will Marc Kazlauskas’s NCLH restricted share units vest?

The restricted share units will vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029. Vesting depends on meeting the service-based conditions under the company’s incentive plan.

Norwegian Cruise Line (NYSE: NCLH) grants 54,862 RSUs to executive Kazlauskas

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kazlauskas Marc reported acquisition or exercise transactions in this Form 4 filing.

Norwegian Cruise Line Holdings Ltd. reported that executive Marc Kazlauskas received an equity grant in the form of restricted share units for 54,862 shares of common stock at a reference value of $20.05 per share. These are compensation-related shares, not an open-market purchase.

The restricted share units will vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029, if the service-based conditions under the company’s Amended and Restated 2013 Performance Incentive Plan are met. After this grant, Kazlauskas is shown as directly holding 54,862 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kazlauskas Marc

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	54,862	$20.05	$1.10M

Holdings After Transaction: Common Stock — 54,862 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/10/2026 - 04:17 PM

FAQ

What did Marc Kazlauskas report in this Form 4 for NCLH?

Marc Kazlauskas reported receiving a grant of 54,862 restricted share units of Norwegian Cruise Line Holdings common stock. This is a compensation award under the company’s performance incentive plan, not an open-market stock purchase or sale.

How many NCLH shares are covered by Kazlauskas’s restricted stock grant?

The grant covers 54,862 restricted share units of Norwegian Cruise Line Holdings common stock. These units represent the right to receive shares in the future, subject to vesting conditions over the next several years.

At what value were Marc Kazlauskas’s NCLH restricted units granted?

The restricted share units were granted with a reference price of $20.05 per Norwegian Cruise Line Holdings share. This reflects the per-share value used for the award, not a price paid in an open-market transaction.

How many NCLH shares does Marc Kazlauskas hold after this Form 4 transaction?

Following this grant, Marc Kazlauskas is reported as directly holding 54,862 shares of Norwegian Cruise Line Holdings common stock. This reflects the full restricted share unit award reported in the Form 4 filing.

Is Marc Kazlauskas’s NCLH Form 4 transaction a stock purchase or a compensation award?

The Form 4 shows a compensation award, not a market purchase. Code “A” indicates a grant of restricted share units under Norwegian Cruise Line Holdings’ Amended and Restated 2013 Performance Incentive Plan, awarded as part of his executive compensation.

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^*

Kazlauskas Marc

(Last)

(First)

(Middle)

7665 CORPORATE CENTER DRIVE

(Street)

MIAMI

33126

(City)

(State)

(Zip)

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	03/06/2026		A		54,862	A	$20.05	54,862	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents a grant of restricted share units under NCLH's Amended and Restated 2013 Performance Incentive Plan. The restricted share units will vest in three equal installments on March 1, 2027, March 1, 2028 and March 1, 2029.

Remarks:

President, Norwegian Cruise Line

	/s/ Daniel S. Farkas, as attorney-in-fact for Marc Kazlauskas	03/10/2026
	** 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.

Source: View Original Filing on SEC EDGAR