Director Jonathan Z. Cohen buys 30,000 NCLH (NYSE: NCLH) shares in open market

Rhea-AI Filing Summary

Norwegian Cruise Line Holdings director Jonathan Z. Cohen bought shares of the company in the open market. He purchased 30,000 shares of Common Stock on an open-market basis at a weighted-average price of $15.83 per share, with individual trade prices ranging from $15.815 to $15.83.

Following this transaction, Cohen directly owns 38,912 shares of Norwegian Cruise Line Holdings. The filing states this was a routine open-market purchase of the company’s common stock rather than a derivative exercise or compensation grant.

Insider Trade Summary

Net Buyer: 30,000 shares ($474,900)

Net Buy 1 txn

Insider COHEN JONATHAN Z

Role null

Bought 30,000 shs ($475K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	30,000	$15.83	$475K

Holdings After Transaction: Common Stock — 38,912 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares purchased: 30,000 shares Weighted-average purchase price: $15.83 per share Price range: $15.815–$15.83 per share +1 more

4 metrics

Shares purchased 30,000 shares Open-market purchase of NCLH Common Stock

Weighted-average purchase price $15.83 per share Price paid for 30,000 NCLH shares

Price range $15.815–$15.83 per share Range of trade prices for the purchased shares

Shares owned after transaction 38,912 shares Cohen’s direct NCLH holdings following purchase

Key Terms

open-market purchase, weighted-average price, Common Stock, Form 4

4 terms

open-market purchase financial

"He purchased 30,000 shares of Common Stock on an open-market basis"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted-average price financial

"The price reported in Column 4 is a weighted-average price."

Common Stock financial

"He purchased 30,000 shares of Common Stock on an open-market basis"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"The Form 4 identifies it as an open-market purchase, coded “P,”"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

COHEN JONATHAN Z

(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)
05/20/2026

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	05/20/2026		P		30,000	A	$15.83(1)	38,912	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. The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $15.815 to $15.83, inclusive. The reporting person undertakes to provide to Norwegian Cruise Line Holdings Ltd. ("NCLH"), any security holder of NCLH, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1).

	/s/ Daniel S. Farkas, as attorney-in-fact for Jonathan Z. Cohen	05/21/2026
	** 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 NCLH director Jonathan Z. Cohen report?

Jonathan Z. Cohen reported an open-market purchase of 30,000 NCLH common shares. The transaction was executed at a weighted-average price of $15.83 per share, reflecting a direct increase in his equity stake in Norwegian Cruise Line Holdings.

At what price did Jonathan Z. Cohen buy NCLH stock in this Form 4?

Cohen bought NCLH common stock at a weighted-average price of $15.83 per share. Individual trades occurred within a narrow range from $15.815 to $15.83, as disclosed in the Form 4 transaction footnote.

How many Norwegian Cruise Line (NCLH) shares does Jonathan Z. Cohen now own?

After the reported transaction, Cohen directly owns 38,912 shares of NCLH common stock. This total includes the newly purchased 30,000 shares disclosed in the Form 4 insider filing with the Securities and Exchange Commission.

Was the NCLH insider transaction a purchase or a sale?

The transaction was a purchase of NCLH common stock. The Form 4 identifies it as an open-market purchase, coded “P,” with 30,000 shares acquired directly rather than sold or transferred through a derivative or tax-related transaction.

Does the NCLH Form 4 mention derivative securities or options for Jonathan Z. Cohen?

The Form 4 does not list any derivative security transactions for Cohen. The filing only reports a non-derivative purchase of 30,000 shares of NCLH common stock and shows no remaining derivative positions in the derivative summary.