Kazlauskas Marc 4
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Norwegian Cruise (NCLH) President Marc Kazlauskas Receives Award
What Happened Marc Kazlauskas, President of Norwegian Cruise Line Holdings (NCLH), was granted 54,862 restricted share units (RSUs) on 2026-03-06. The award is valued at $20.05 per share, a total grant value of $1,099,983. This was an equity compensation award (not an open-market purchase or sale).
Key Details
- Transaction date and valuation: 2026-03-06; $20.05 per share; total value $1,099,983. (Transaction code A = Award/Grant)
- Instrument: Restricted share units (RSUs) granted under NCLH’s Amended and Restated 2013 Performance Incentive Plan (see footnote).
- Vesting: RSUs vest in three equal installments on March 1, 2027; March 1, 2028; and March 1, 2029.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing: Form 4 filed 2026-03-10 (appears timely based on the reported transaction date).
Context RSU grants are a form of executive compensation and typically convert to shares (or cash) only if the executive remains employed and any performance/vesting conditions are met. Such awards are routine for senior executives and do not by themselves indicate a buy or sell decision in the open market.