Norwegian Cruise Line Holdings Ltd.·4

Apr 14, 4:16 PM ET

PAGLIUCA STEPHEN G 4

Research Summary

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Updated

Norwegian Cruise (NCLH) Director Stephen Pagliuca Receives RSUs

What Happened
Stephen G. Pagliuca, a director of Norwegian Cruise Line Holdings Ltd. (NCLH), was granted 8,912 restricted share units (transaction code A) on 2026-04-13. The RSUs have an acquisition price of $0.00 (no cash paid) and represent a contingent right to receive one share of NCLH common stock upon vesting; they will vest in one installment on January 4, 2027.

Key Details

  • Transaction date: 2026-04-13; Form 4 filed: 2026-04-14 (timely filing).
  • Grant amount: 8,912 restricted share units; grant price reported as $0.00.
  • Plan: Amended and Restated 2013 Performance Incentive Plan (grant of RSUs).
  • Vesting: One installment on January 4, 2027 (per filing footnote).
  • Footnotes: F1 — each RSU converts to one share upon vesting; F2 — grant under NCLH’s 2013 plan, vests 1/4/2027.
  • Shares owned after transaction: not disclosed in the provided filing.

Context
RSUs are a form of equity compensation that convert to shares only if vesting conditions are met; they are not an immediate purchase or sale of stock and may be forfeited if vesting conditions aren’t satisfied. Grants like this are common for directors and executives as part of compensation and do not by themselves indicate a buy/sell signal. Any tax withholding or eventual sale of shares will be reported in later filings if and when those events occur.