Norwegian Cruise Line (NYSE: NCLH) SVP sells 5,250 shares of common stock at $21

Rhea-AI Filing Summary

Norwegian Cruise Line Holdings Ltd. reported an insider stock sale by its SVP & Chief Accounting Officer, Faye L. Ashby. On 12/12/2025, she sold 5,250 shares of common stock in a single transaction at a price of $21.00 per share.

After this sale, Ashby beneficially owns 130,370 shares of Norwegian Cruise Line 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

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^*

Ashby Faye L.

(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)
	SVP & Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025

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	12/12/2025		S		5,250	D	$21(1)	130,370	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. These shares were sold in a single transaction at a price of $21.00 per share.

	/s/ Daniel S. Farkas, as attorney-in-fact for Faye L. Ashby	12/16/2025
	** 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).
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FAQ

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

Norwegian Cruise Line Holdings Ltd. reported that its SVP & Chief Accounting Officer, Faye L. Ashby, sold 5,250 shares of common stock in an open-market transaction.

On what date did the NCLH insider stock sale occur?

The earliest transaction date reported is 12/12/2025, which is also the date of the sale of 5,250 Norwegian Cruise Line common shares.

At what price were the Norwegian Cruise Line (NCLH) shares sold?

The filing states that the 5,250 shares were sold in a single transaction at a price of $21.00 per share.

How many Norwegian Cruise Line (NCLH) shares does the insider own after the sale?

Following the reported transaction, Faye L. Ashby beneficially owns 130,370 shares of Norwegian Cruise Line common stock, held directly.

What is the reporting person’s role at Norwegian Cruise Line (NCLH)?

The reporting person is identified as an officer of Norwegian Cruise Line Holdings Ltd., serving as SVP & Chief Accounting Officer.

Was the NCLH insider transaction a single trade or multiple trades?

The explanation notes that the 5,250 shares were sold in a single transaction at a price of $21.00 per share.