Norwegian Cruise Line director granted 8,912 RSUs

Cruz Alex reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Cruz Alex reported acquisition or exercise transactions in this Form 4 filing.

Norwegian Cruise Line Holdings director Alex Cruz received a grant of 8,912 restricted share units of common stock. Each unit represents the right to receive one NCLH share upon vesting. The award was granted as part of NCLH's Amended and Restated 2013 Performance Incentive Plan and will vest in a single installment on January 4, 2027. Following this grant, Cruz directly holds 21,657 shares of NCLH common stock.

Insider Trade Summary

Grant/Award: 8,912 shares

Grant/Award 1 txn

Insider Cruz Alex

Role Director

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

Holdings After Transaction: Common Stock — 21,657 shares (Direct)

Footnotes (2)

1. F1. 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. F2. 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

Restricted share units granted: 8,912 units Total shares after transaction: 21,657 shares Vesting date: January 4, 2027 +1 more

4 metrics

Restricted share units granted 8,912 units Grant of RSUs to director Alex Cruz

Total shares after transaction 21,657 shares Direct holdings following RSU grant

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

Price per share $0.0000 Grant price for RSU-related common stock

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Alex Cruz report in this NCLH Form 4 filing?

Alex Cruz reported receiving 8,912 restricted share units of Norwegian Cruise Line Holdings common stock. These units were granted as compensation under the company’s Amended and Restated 2013 Performance Incentive Plan and increase his direct holdings to 21,657 shares after the award.

How many Norwegian Cruise Line (NCLH) shares did Alex Cruz acquire?

Alex Cruz acquired 8,912 restricted share units tied to NCLH common stock. Each unit represents a contingent right to one share upon vesting, effectively expanding his potential future ownership if vesting conditions are met and the award settles in shares as described.

When do Alex Cruz’s NCLH restricted share units vest?

The 8,912 restricted share units granted to Alex Cruz vest in one installment on January 4, 2027. At that time, each vested unit entitles him to receive one share of Norwegian Cruise Line Holdings common stock, assuming he meets the plan’s vesting conditions.

What plan governs Alex Cruz’s NCLH restricted share unit grant?

The grant to Alex Cruz was made under Norwegian Cruise Line Holdings’ Amended and Restated 2013 Performance Incentive Plan. This plan provides equity-based compensation, and the reported 8,912 restricted share units are one such award governed by its terms and vesting schedule.

What is Alex Cruz’s total NCLH shareholding after this grant?

After receiving the 8,912 restricted share units, Alex Cruz directly holds 21,657 shares of Norwegian Cruise Line Holdings common stock. This total reflects his ownership immediately following the reported award, as disclosed in the Form 4 transaction details.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/14/2026 - 04:17 PM Learn about SEC filing dates

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^*

Cruz Alex

(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	21,657	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 Alex Cruz	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)