Norwegian Cruise Line (NCLH) director reports 8,779 RSU grant and holdings

Rhea-AI Filing Summary

Norwegian Cruise Line Holdings Ltd. director Zillah Byng-Thorne reported a routine equity award. On 01/02/2026, she received 8,779 restricted share units, each representing the right to receive one share of NCLH common stock upon vesting. The grant was made under NCLH's Amended and Restated 2013 Performance Incentive Plan and will vest in a single installment on January 4, 2027.

Following this award, she beneficially owns 74,796 shares of common stock directly and 21,290 shares indirectly through her spouse. The transaction price is listed as $0 because this is a compensatory grant, not an open-market purchase.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Byng-Thorne Zillah

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,779	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 74,796 shares (Direct); Common Stock — 21,290 shares (Indirect, By Spouse)

Footnotes (1)

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. 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.

Form 4 Insider Transactions: What Each Field Means →

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

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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^*

Byng-Thorne Zillah

(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		8,779(2)	A	$0	74,796	D
Common Stock								21,290	I	By Spouse

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 Zillah Byng-Thorne	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 NCLH director Zillah Byng-Thorne report?

Director Zillah Byng-Thorne reported receiving a grant of 8,779 restricted share units of Norwegian Cruise Line Holdings Ltd. common stock on 01/02/2026 as disclosed on Form 4.

When do the new NCLH restricted share units for Zillah Byng-Thorne vest?

The 8,779 restricted share units granted to Zillah Byng-Thorne will vest in one installment on January 4, 2027, according to the filing’s explanation of responses.

How many NCLH shares does Zillah Byng-Thorne beneficially own after this transaction?

After the reported grant, Zillah Byng-Thorne beneficially owns 74,796 shares of Norwegian Cruise Line Holdings Ltd. common stock directly and 21,290 shares indirectly through her spouse.

What does each NCLH restricted share unit represent in this Form 4?

Each restricted share unit reported represents the contingent right to receive one share of Norwegian Cruise Line Holdings Ltd. common stock upon vesting.

Under which plan were the NCLH restricted share units granted to Zillah Byng-Thorne?

The 8,779 restricted share units were granted under Norwegian Cruise Line Holdings Ltd.'s Amended and Restated 2013 Performance Incentive Plan.

Was the NCLH Form 4 filed for one reporting person or multiple persons?

The Form 4 was filed by one reporting person, as indicated in the section on individual or joint/group filing.