COHEN JONATHAN Z 4

What Happened

• Jonathan Z. Cohen, a director of Norwegian Cruise Line Holdings Ltd. (NCLH), purchased 30,000 shares in open-market transactions on May 20, 2026. The reported weighted-average price was $15.83 per share (total cost ≈ $474,900). The filing lists the transaction type as a purchase (code P).

Key Details

• Transaction date: May 20, 2026; Form 4 filed May 21, 2026 (timely filing).
• Price: weighted-average $15.83; purchases occurred at prices ranging from $15.815 to $15.83 (footnote F1).
• Shares acquired: 30,000; total reported value ≈ $474,900.
• Shares owned after the transaction: not disclosed in the information provided.
• Footnote F1: weighted-average price; reporting person can provide breakdown of number of shares purchased at each price on request.
• No option exercises, awards, 10b5-1 plan, or tax-withholding notes indicated in the supplied details.

Context

• This was a straight open-market purchase by a director. Purchases by insiders can be viewed as a stronger signal than sales because they involve personal cash outlay, but they do not by themselves explain motivation or timing. Retail investors should consider this alongside other insider activity, company fundamentals, and broader market conditions.