weinstein joshua ian 4

What Happened

• Joshua Ian Weinstein, CEO of Carnival Corporation, had performance- and time-based restricted stock units vest on 2026-02-10. He was credited with 635,820 shares (reported as an award/acquisition at $0.00). To cover tax withholding, 271,172 shares were withheld/disposed by the issuer at $33.22 per share, generating proceeds of $9,007,005 (250,196 shares = $8,310,285; 20,976 shares = $696,720). The Form 4 covering these transactions was filed on 2026-02-12.

Key Details

• Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (timely filing).
• Award: 635,820 performance-based RSUs vested (acquired at $0.00).
• Withholding/disposals for taxes: 250,196 shares @ $33.22 = $8,310,285 and 20,976 shares @ $33.22 = $696,720 (total withheld 271,172 shares; total value ~$9.01M).
• Footnotes:
  • F1: These were performance-based restricted stock units (PBS RSUs) from the 2020 Stock Plan; each RSU equals one share.
  • F2: Vesting level was 170.4% of target for the 2023–2025 performance period, producing the larger award.
  • F3 & F4: The reported disposals represent shares withheld by Carnival to satisfy tax-withholding obligations for the vested performance- and time-based RSUs.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This was a compensation event (vesting of RSUs), not an open-market purchase or voluntary sale by the insider. The withheld shares are a common issuer tax-withholding mechanism (cashless withholding) and do not necessarily indicate buying or selling intent by the insider. Purchases are generally more informative about bullish insider sentiment; vesting events are routine executive compensation outcomes.