secwatch.observer — SEC 8-K summary
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Issuer:     Norwegian Cruise Line Holdings Ltd. (NCLH)
CIK:        0001513761
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001104659-26-035686
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCLH finalizes CEO Chidsey's contract with $48M performance-based equity grant
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- CEO John Chidsey receives $1.715M base salary, $2.9M fixed bonus for 2026; 175% target bonus from 2027.
- Inducement award of 2,139,892 total RSUs/PSUs (~$48M): 967,254 RSUs vest over 4 years, 1,172,638 PSUs cliff vest on TSR CAGR (5%-20%).
- No further equity grants intended until 2030; award granted outside the 2013 equity plan under NYSE inducement exemption.
- Severance: 2x base salary plus pro-rata bonus for Qualifying Termination; additional 2x target bonus if change in control within 24 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1513761/000110465926035686/0001104659-26-035686-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1513761/000110465926035686/tm268760d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-035686

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer