Kempa Mark 4

What Happened

• Mark Kempa, EVP & Chief Financial Officer of Norwegian Cruise Line Holdings Ltd. (NCLH), was granted 132,100 restricted share units (RSUs) on a transaction dated Feb 24, 2026. The Form 4 reports an acquisition-type award at $0.00 per unit (typical for RSU grants), so there was no cash purchase.
• These RSUs will convert to common shares when they vest; the Compensation Committee determined the performance achievement level on Feb 24, 2026, and the units are scheduled to vest on March 1, 2026.

Key Details

• Transaction date: 2026-02-24; Form 4 filed 2026-02-25 (timely filing).
• Grant: 132,100 restricted share units (recorded as acquisition A) at $0.00 per unit.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — each RSU represents the contingent right to receive one share upon vesting; F2 — these RSUs were granted under the 2013 Performance Incentive Plan, were originally subject to performance hurdles, and the performance achievement was certified on Feb 24, 2026 with vesting on Mar 1, 2026.
• No indication this was an open-market purchase or sale (award/grant only).

Context

• RSU grants are awards, not purchases or sales; they do not require an immediate cash outlay and their ultimate value depends on NCLH's stock price at vesting. This filing signals a compensation-related award rather than a direct market bet by the insider.