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Oceania Cruises CEO Binder sells $2.27m NCLH sharesOceania Cruises CEO Binder sells $2.27m NCLH shares
Bob Binder, president and CEO of Oceania Cruises and vice chairman, Oceania and Regent Seven Seas Cruises, sold 91,484 Norwegian Cruise Line Holdings shares for $2.265m.
Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review
December 17, 2020
1 Min Read

Credit: Seatrade Cruise News
Binder sold the shares in two tranches, each in multiple trades, on Dec. 15. Some 35,066 shares were sold at an average price of $24.32 per share, and 56,418 shares were sold at an average price of $25.04.
Part of a trading plan
The shares were sold as part of a Rule 10b5-1 trading plan adopted by Binder on Sept. 15. Rule 10b5-1 permits major holders to sell a predetermined number of shares at a predetermined time.
Following the sales, Binder still holds 228,831 NCLH shares.
NCLH closed at $25.41, down 5 cents, on Thursday.
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