Farkas Daniel S 4
Research Summary
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NCLH EVP GC Daniel Farkas Receives RSU Award
What Happened Daniel S. Farkas, EVP, General Counsel, Chief Development Officer & Secretary of Norwegian Cruise Line Holdings Ltd. (NCLH), was granted 44,887 restricted share units (RSUs) on 2026-03-06 at an imputed price of $20.05 per share, valued at $899,984. This transaction is recorded as an award/grant (Form 4 code A) and represents compensation rather than an open-market purchase.
Key Details
- Transaction date and filing: Grant dated 2026-03-06; Form 4 filed 2026-03-10 (timely filing).
- Grant size and value: 44,887 RSUs × $20.05 = $899,984 total.
- Vesting: RSUs vest in three equal installments on March 1, 2027; March 1, 2028; and March 1, 2029 (per footnote).
- Plan: Award issued under NCLH’s Amended and Restated 2013 Performance Incentive Plan.
- Shares owned after transaction: Not disclosed in this filing.
- No 10b5-1 plan, tax-withholding, or cashless-sale details were reported.
Context RSU grants are common executive compensation and do not represent an immediate cash purchase or sale of stock. The economic benefit to the insider depends on future vesting and the company’s share price at those times; these awards therefore do not directly indicate a buy/sell signal now.