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Frank Del Rio sells $5.5m in NCLH shares

Frank Del Rio, president and CEO, Norwegian Cruise Line Holdings, sold 300,000 NCLH shares for a total of $5,532,600.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

June 14, 2023

1 Min Read
CRUISE Frank Del Rio
Frank Del Rio still holds 926,505 NCLH shares directly and 27,875 shares indirectlyPHOTO: ANNE KALOSH

The shares were sold June 12 in multiple transactions at prices ranging from $18.40 to $18.56, or a weighted average of $18.44.

Holdings

Del Rio still owns 926,505 shares of common stock directly and 27,875 shares indirectly through a family trust.

On June 13, NCLH shares hit a 52-week high of $19.59 in trading, before closing at $19.47, up 5.76%.

Del Rio is retiring from NCLH effective June 30.

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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