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Oceania Cruises CEO Binder sells $2.27m NCLH shares

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Following the sales, Bob Binder still holds 228,831 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.

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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