Form 4: Norwegian Cruise Line Holdings EVP & CFO Mark Kempa Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Mark Kempa, EVP & CFO of Norwegian Cruise Line Holdings, reports the acquisition and disposal of common stock and restricted share units.
Summary
- Mark Kempa, the EVP & CFO of Norwegian Cruise Line Holdings Ltd., filed a Form 4 detailing changes in beneficial ownership.
- On December 31, 2024, Kempa acquired 102,564 shares of common stock.
- Kempa also disposed of 355,950 shares of common stock.
- Following these transactions, Kempa beneficially owns 102,564 shares.
- These transactions relate to restricted share units granted on March 1, 2022, under the company's Amended and Restated 2013 Performance Incentive Plan.
- The performance condition achievement level for these units was determined on December 31, 2024, and the restricted share units will vest on March 1, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which is neutral in sentiment.
Future Outlook
The restricted share units will vest on March 1, 2025.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Norwegian Cruise Line Holdings.
Stakeholder Impact
- The vesting of restricted share units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| March 1, 2022 | Grant date of restricted share units under NCLH's Amended and Restated 2013 Performance Incentive Plan. |
| December 31, 2024 | Date of transaction for acquisition and disposal of common stock; date the Compensation Committee determined the performance condition achievement level for restricted share units. |
| March 1, 2025 | Vesting date of the restricted share units. |
| 01/02/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.