Norwegian Cruise Line discloses new CEO compensation: $1.7M salary, 2.1M share units

Filed March 27, 2026 · Period ending March 26, 2026 · ~1 min read

Key Changes

• high

  CEO John Chidsey granted 2.14 million restricted share units that could double to 4.3 million if stock delivers 20%+ annual returns through 2029, creating potential dilution for existing shareholders.

  Item 5.02 verify on EDGAR →
• high

  Performance shares vest only if stock achieves 5-20% compound annual growth; below 5% returns result in zero vesting of 60% of the equity award (1.17 million units at target).

  Exhibit 10.1 verify on EDGAR →
• high

  Severance package provides 2x base salary plus potential 2x target bonus ($6M) if CEO is terminated without cause or near a change of control event.

  Item 5.02 verify on EDGAR →