Insider trade

CEO purchased ~$463K of NCLH shares in the open market

Traded Nov 6, 2025 · Filed Nov 6, 2025

~$463K
Reported value · 25K sh @ $18.52: 721K
Holds after · shares reported: −18.5%
stock since the trade · S&P 500 +15.6%, $18.24 → $14.87 on Oct 5

Why it stands out

The boss of Norwegian Cruise Line paid $463K out of pocket for Norwegian Cruise Line shares. 6 other people at Norwegian Cruise Line bought some too, in the same month.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 6, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 6, 2025

CEO$100K–$500KHoldings +4%7 insiders bought in 30d

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$462,933

Shares × reported transaction price

Size band

$100K–$500K

Ownership change

+3.6%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

Not enough history to judge

Confirmed open-market purchases by the same insider in the available history

Cluster activity

7 distinct insiders in 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Size vs CEO pay

This purchase equals about 3.6% of the CEO's reported total pay for fiscal 2024 ($12.8M)

Purchase value ÷ the CEO's total from the Summary Compensation Table, as tagged in the pay versus performance table of the company's proxy statement (DEF 14A), filed 2026-04-30. The proxy names this person as CEO for that year. A size comparison, not a judgement

Timing vs results

2 days after results of Nov 4, 2025, 98 days before results of Feb 12, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $18.24 on Nov 6, 2025, 18% above its 52-week low and 37% below its high, after a 27% drop over the previous 30 trading days

52-week range $15.50 (Apr 7, 2025) to $29.07 (Jan 30, 2025), 20% of the way up, from 250 adjusted closes. 30 trading days earlier: $25.00 on Sep 25, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	−4.1%	+0.1%	−4.2%
30 days	+0.2%	+1.9%	−1.7%
90 days	+13.8%	+1.0%	+12.8%
180 days	−6.9%	+9.4%	−16.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001104659-25-107857
Filed / recorded: Nov 6, 2025, 10:15 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Norwegian Cruise Line Holdings Ltd.
Issuer CIK: 1513761
Ticker: NCLH
Reporting person: Harry Sommer
Relationship: Director, Officer
Officer title: Pres. & CEO of NCLH
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 6, 2025
Transaction code: P
Shares / units: 25,000
Price per share: $18.52
Acquired / disposed: Acquired (A)
Shares owned after: 720,728
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $18.45 to $18.58, inclusive. The reporting person undertakes to provide to Norwegian Cruise Line Holdings Ltd. ("NCLH"), any security holder of NCLH, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1).

Around the same time

Officer bought

~$100KReported value · 5,550 sh @ $17.94

11mo ago

Norwegian Cruise Line's Chief Vessel Ops & NO paid $100K out of pocket for Norwegian Cruise Line shares. 6 other people at Norwegian Cruise Line bought some too, in the same month.

More Official record

Lisa C. McClain sold

$1,001–$15,000Reported range · official band, not an exact amount

11mo ago

Held by the filer's spouse per the disclosure. Disclosed 22 days after the transaction; reported as an official range, not an exact amount.

More Official record

Lisa C. McClain bought

$1,001–$15,000Reported range · official band, not an exact amount

11mo ago

Held by the filer's spouse per the disclosure. Disclosed 22 days after the transaction; reported as an official range, not an exact amount.

More Official record