MacDonald Brian P 4

What Happened
Brian P. MacDonald, a director of Norwegian Cruise Line Holdings Ltd. (NCLH), made an open-market purchase of 15,000 NCLH shares on May 11, 2026. The reported weighted-average price was $16.54 per share, for a total transaction value of approximately $248,100. This was a purchase (code P), not a sale or option exercise.

Key Details

• Transaction date: 2026-05-11; Form 4 filed: 2026-05-12 (filed the next day, which is within the usual 2-business-day reporting window).
• Price(s): Weighted-average $16.54; actual trades occurred at prices ranging from $16.535 to $16.54 (see footnote F1).
• Shares acquired: 15,000 shares; total reported value ≈ $248,100.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: F1 notes the reported price is a weighted average and the reporting person will provide breakdown of purchases by price upon request to NCLH, any security holder, or the SEC staff.
• Transaction code: P = Purchase (open market).

Context
This was an open-market purchase by a company director. Purchases by insiders can be of interest to investors as factual data points, but they do not by themselves explain the insider’s motivation or predict future stock performance. The filing appears timely based on the reported dates.