Seatrade Cruise News is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Del Rio sells $1.2m in NCLH shares

frank del rio
Frank Del Rio said there are alternative berths that could work for the cruise industry

Frank Del Rio, president and CEO of Norwegian Cruise Line Holdings, sold 22,743 NCLH shares for just over $1.2m on Tuesday.

They were sold in multiple trades: 17,961 shares at an average price of $53.13 and 4,782 at an average price of $53.59.

The sales were related to a trading plan under Rule 10b5-1 set up in March 2018.

Following the transactions, Del Rio still holds 412,094 shares directly and 85,947 shares indirectly.