NCLH insider buys 13,400 shares at $18.8075 on Nov 6, 2025

Norwegian Cruise Line Holdings (NCLH) reported an insider open-market purchase.

Rhea-AI Filing Summary

Norwegian Cruise Line Holdings (NCLH) reported an insider open-market purchase. A company officer bought 13,400 shares of common stock on 11/06/2025 at a $18.8075 weighted-average price, with trades executed between $18.74 and $18.87.

The purchased shares are held indirectly by a trust. Following the transaction, beneficial ownership includes 13,400 shares indirect and 52,391 shares direct. The reporting person’s role is listed as Chief Luxury Officer, and the transaction code was P (purchase).

Insider Trade Summary

Net Buyer: 13,400 shares

Net Buy 2 txns

Insider Montague Jason

Role Chief Luxury Officer

Bought 13,400 shs ($252K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	13,400	$18.8075	$252K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 13,400 shares (Indirect, By Trust); Common Stock — 52,391 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $18.74 to $18.87, 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 sold at each separate price within the ranges set forth in this footnote (1).

FAQ

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

What did NCLH insider report on Form 4?

An officer reported purchasing 13,400 NCLH common shares on 11/06/2025 via an open-market transaction (code P).

What was the price paid for NCLH shares?

The weighted-average price was $18.8075, with trades between $18.74 and $18.87.

How are the newly acquired NCLH shares held?

They are held indirectly by a trust.

What is the insider’s role at NCLH?

The reporting person is listed as Chief Luxury Officer.

What is the insider’s beneficial ownership after the transaction?

13,400 shares indirect and 52,391 shares direct, as reported.

What transaction code was used on the Form 4?

Code P, which indicates an open-market or private purchase of non-derivative securities.

Did the filing disclose price details for individual trades?

Yes, it notes a weighted-average and a range of $18.74–$18.87, with full details available upon request.

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 11/06/2025 - 05:16 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^*

Montague Jason

(Last) (First) (Middle)

7665 CORPORATE CENTER DRIVE

(Street)

MIAMI FL 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)
	Chief Luxury Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/06/2025		P		13,400	A	$18.8075(1)	13,400	I	By Trust
Common Stock								52,391	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 $18.74 to $18.87, 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 sold at each separate price within the ranges set forth in this footnote (1).

	/s/ Daniel S. Farkas, as attorney-in-fact for Jason Montague	11/06/2025
	** 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.