Norwegian Cruise Line (NCLH) grants 44,887 restricted share units to EVP Daniel Farkas
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Farkas Daniel S reported acquisition or exercise transactions in this Form 4 filing.
Norwegian Cruise Line Holdings reported that executive Daniel S. Farkas, EVP GC, CDO & Secretary, received a grant of 44,887 shares of common stock as restricted share units valued at $20.05 per share. These restricted share units will vest in three equal installments on March 1, 2027, March 1, 2028 and March 1, 2029, tying compensation to longer-term company performance. Following this award, Farkas directly holds 424,037 shares of Norwegian Cruise Line Holdings common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Farkas Daniel S
Role
EVP GC, CDO & Sec'y
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 44,887 | $20.05 | $900K |
Holdings After Transaction:
Common Stock — 424,037 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did NCLH report for Daniel S. Farkas?
Norwegian Cruise Line Holdings reported that executive Daniel S. Farkas received 44,887 restricted share units of common stock as a compensation grant. These units vest over three years and increase his direct ownership to 424,037 shares after the transaction.
Was the NCLH transaction a purchase or a compensation award for Daniel S. Farkas?
The transaction was a compensation-related award, not an open-market purchase. Daniel S. Farkas received 44,887 restricted share units under Norwegian Cruise Line Holdings’ Amended and Restated 2013 Performance Incentive Plan, as disclosed in the Form 4 footnote.