Norwegian Cruise Line (NCLH) grants 44,887 restricted share units to EVP Daniel Farkas
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
Net Buyer: 44,887 shares
Net Buy
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)
- 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
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.
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