Director at Norwegian Cruise Line (NCLH) buys 15,000 common shares

Rhea-AI Filing Summary

Norwegian Cruise Line Holdings director Brian P. MacDonald reported an open-market purchase of common stock. On May 11, 2026, he bought 15,000 shares at a weighted-average price of $16.54 per share, in multiple trades between $16.535 and $16.54. Following this transaction, he directly owns 23,912 shares of the company’s common stock.

Insider Trade Summary

Net Buyer: 15,000 shares ($248,100)

Net Buy 1 txn

Insider MacDonald Brian P

Role null

Bought 15,000 shs ($248K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	15,000	$16.54	$248K

Holdings After Transaction: Common Stock — 23,912 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares purchased: 15,000 shares Weighted-average price: $16.54 per share Post-transaction holdings: 23,912 shares +1 more

4 metrics

Shares purchased 15,000 shares Open-market purchase on May 11, 2026

Weighted-average price $16.54 per share Price paid for purchased shares

Post-transaction holdings 23,912 shares Common stock held directly after transaction

Trade price range $16.535–$16.54 Range of individual trade prices for the 15,000 shares

Key Terms

open-market purchase, weighted-average price, Common Stock, Form 4

4 terms

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted-average price financial

"The price reported in Column 4 is a weighted-average price."

Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 05/12/2026 - 04:55 PM Accepted by SEC EDGAR 05/12/2026 - 04:15 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^*

MacDonald Brian P

(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)
05/11/2026

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	05/11/2026		P		15,000	A	$16.54(1)	23,912	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 $16.535 to $16.54, 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 purchased at each separate price within the ranges set forth in this footnote (1).

	/s/ Daniel S. Farkas, as attorney-in-fact for Brian P. MacDonald	05/12/2026
	** 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)

FAQ

What insider transaction did Norwegian Cruise Line (NCLH) disclose?

Norwegian Cruise Line disclosed that director Brian P. MacDonald bought 15,000 shares of common stock. The purchase was an open-market transaction, indicating he increased his direct ownership stake in the company through a single reported buying event.

How many Norwegian Cruise Line (NCLH) shares did Brian P. MacDonald buy?

Brian P. MacDonald bought 15,000 shares of Norwegian Cruise Line common stock. These shares were acquired in multiple trades on the same day, with prices ranging narrowly between $16.535 and $16.54 per share according to the reported weighted-average pricing footnote.

At what price were the NCLH shares purchased in this Form 4 filing?

The reported weighted-average purchase price was $16.54 per share. A footnote explains the 15,000 shares were bought in multiple transactions, with individual trade prices falling within a tight range from $16.535 to $16.54 during the same trading session.

What is Brian P. MacDonald’s NCLH share ownership after the transaction?

After the reported purchase, Brian P. MacDonald directly owns 23,912 shares of Norwegian Cruise Line common stock. This updated figure reflects his holdings immediately following the 15,000-share open-market acquisition disclosed in the Form 4 insider trading report.

Is the Norwegian Cruise Line (NCLH) insider trade a direct or indirect holding?

The filing classifies the transaction as a direct holding. The ownership code is marked as direct, and there is no footnote indicating that the shares are held through a trust, partnership, or other related entity on behalf of the reporting person.