How will Faye L. Ashby’s NCLH restricted share units vest?

The 29,925 restricted share units granted to Faye L. Ashby will vest in three equal installments. Vesting dates are March 1, 2027, March 1, 2028, and March 1, 2029, subject to the terms of Norwegian Cruise Line Holdings’ performance incentive plan.

NCLH officer granted 29,925 restricted share units

Ashby Faye L. reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 03/10/2026 - 04:18 PM EDT

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Rhea-AI Filing Summary

Ashby Faye L. reported acquisition or exercise transactions in this Form 4 filing.

Norwegian Cruise Line Holdings Ltd. reported that SVP & Chief Accounting Officer Faye L. Ashby received a grant of 29,925 shares of common stock as a restricted share unit award at $20.05 per share. These units vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029, bringing her direct holdings to 152,082 shares.

Insider Trade Summary

Grant/Award: 29,925 shares

Grant/Award 1 txn

Insider Ashby Faye L.

Role SVP & Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	29,925	$20.05	$600K

Holdings After Transaction: Common Stock — 152,082 shares (Direct)

Footnotes (1)

F1. 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.

FAQ

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What insider transaction did NCLH report for Faye L. Ashby?

Norwegian Cruise Line Holdings reported that SVP & Chief Accounting Officer Faye L. Ashby received a grant of 29,925 restricted share units of common stock at $20.05 per share, increasing her direct holdings to 152,082 shares after the award.

Is the NCLH Form 4 transaction an open-market purchase or a grant?

The transaction is a compensation-related grant, not an open-market purchase. Faye L. Ashby received 29,925 restricted share units under Norwegian Cruise Line Holdings’ Amended and Restated 2013 Performance Incentive Plan, classified as a grant, award, or other acquisition.

How many NCLH shares does Faye L. Ashby hold after this Form 4 grant?

Following the grant, Faye L. Ashby directly holds 152,082 shares of Norwegian Cruise Line Holdings common stock. This total reflects the addition of 29,925 restricted share units awarded on March 6, 2026, under the company’s performance incentive plan.

What does transaction code “A” mean in the NCLH Form 4 filing?

In this Norwegian Cruise Line Holdings Form 4, transaction code “A” indicates a grant, award, or other acquisition. Here, it represents a restricted share unit grant of 29,925 common shares to SVP & Chief Accounting Officer Faye L. Ashby as part of compensation.

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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^*

Ashby Faye L.

(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)
	SVP & Chief Accounting Officer

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		29,925	A	$20.05	152,082	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.

	/s/ Daniel S. Farkas, as attorney-in-fact for Faye L. Ashby	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