Ljoen Lars Jakob 4

What Happened

• Ljoen Lars Jakob, Chief Maritime Officer of Carnival Corporation (CCL), had 18,164 performance-based restricted stock units (PBS RSUs) vest on Feb 10, 2026 (reported Feb 12, 2026). The award is reported as an acquisition (A) at $0.00 per share.
• To cover tax withholding associated with vesting, the issuer withheld 7,513 shares and 2,940 shares (reported as dispositions (F)) at a per-share value of $33.22 — totaling 10,453 shares withheld and roughly $347,197 in value ($249,545 + $97,652).

Key Details

• Transaction date: Feb 10, 2026; filing date: Feb 12, 2026 (filed within the typical 2-business-day window).
• Award: 18,164 PBS RSUs (each RSU = 1 share) granted under the Carnival 2020 Stock Plan (original grant April 21, 2023).
• Performance: The PBS RSUs vested at 170.4% of target for the 2023–2025 performance period, per Compensation Committee certification.
• Tax withholding: 7,513 and 2,940 shares withheld by the issuer to cover taxes on the performance- and time-based RSUs, respectively (codes F = tax withholding).
• Shares owned after the transaction: Not disclosed in the Form 4 filing.

Context

• This was a vesting of restricted stock units (compensation), not an open-market purchase or deliberate sale; withheld shares represent tax-withholding rather than a market-directed sale.
• Performance-based vesting above target (170.4%) increased the number of shares delivered; such awards reflect compensation outcomes, not a direct buy/sell signal by the insider.