Norwegian Cruise Line (NCLH) director reports 13,169 RSU grant

Rhea-AI Filing Summary

Norwegian Cruise Line Holdings Ltd. director Stella David reported receiving a grant of restricted share units, which are rights to receive common shares in the future. On 01/02/2026 she was awarded 13,169 restricted share units of NCLH common stock at a grant price of $0 per unit. These units are scheduled to vest in a single installment on January 4, 2027, at which point they convert into the same number of shares if vesting conditions are met. Following this grant, she beneficially owns 116,643 shares of NCLH common stock, held directly.

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

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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^*

David Stella

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	01/02/2026		A		13,169(2)	A	$0	116,643	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 Stella David	01/06/2026
	** 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.

FAQ

What insider transaction did Norwegian Cruise Line (NCLH) report for Stella David?

Norwegian Cruise Line Holdings Ltd. reported that director Stella David received a grant of 13,169 restricted share units of NCLH common stock on 01/02/2026.

What are the terms of the 13,169 restricted share units granted by NCLH?

Each restricted share unit represents the right to receive one share of NCLH common stock upon vesting, with all 13,169 units vesting in a single installment on January 4, 2027.

Under which plan were the Norwegian Cruise Line (NCLH) restricted share units granted?

The 13,169 restricted share units were granted under Norwegian Cruise Line Holdings Ltd.'s Amended and Restated 2013 Performance Incentive Plan.

What is Stella David’s total beneficial ownership in NCLH after this grant?

After the reported transaction, Stella David beneficially owns 116,643 shares of Norwegian Cruise Line Holdings Ltd. common stock, held directly.

What was the reported price for the Norwegian Cruise Line (NCLH) RSU grant?

The Form 4 states that the 13,169 restricted share units of NCLH common stock were granted at a price of $0 per unit.

When do the newly granted NCLH restricted share units vest?

The 13,169 restricted share units granted to Stella David are scheduled to vest in one installment on January 4, 2027.