cahilly jason glen 4
4 · Carnival Corp Ltd. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Carnival (CCL) Director Jason Cahilly Receives Award, 616 Shares Withheld
What Happened Jason Cahilly, a director of Carnival Corporation (CCL), was granted 7,712 unrestricted shares on 2026-05-08 under the Carnival Corporation Ltd. 2020 Stock Plan. The board approved a grant value of $210,000 (number of shares set by a 20-day average price calculation). On 2026-05-11, 616 shares were withheld/disposed to cover the tax liability associated with the grant at a per-share price of $26.38, generating about $16,250.
Key Details
- Primary grant: 7,712 unrestricted shares (Code A) on 2026-05-08; grant reported with a $0.00 per-share acquisition price (value set by board at $210,000; see F1,F2).
- Tax withholding: 616 shares withheld/disposed (Code F) on 2026-05-11 at $26.38 per share, total ≈ $16,250 (see F4).
- Footnotes: F1 = grant to non-executive directors under the 2020 Stock Plan; F2 = grant value $210,000 and share count based on a 20-day average closing price; F3 = some holdings include dividend reinvestment; F4 = shares withheld to cover taxes.
- Shares owned after the transactions: not specified in the provided filing summary.
- Filing date: Form 4 filed 2026-05-12 for transactions dated 2026-05-08 and 2026-05-11. The filing itself does not indicate a timeliness flag in the information provided here.
Context This was an equity award to a non-executive director (not an open-market purchase). The 616-share disposition was a routine tax-withholding action tied to the grant, a common administrative step and not a discretionary sale intended as a market signal. Awards to directors are compensation, so they do not necessarily reflect the director’s personal decision to buy or sell shares.
Insider Transaction Report
- Award
Common Shares
[F1][F2][F3]2026-05-08+7,712→ 88,436.673 total - Tax Payment
Common Shares
[F4]2026-05-11$26.38/sh−616$16,250→ 87,820.673 total
Footnotes (4)
- [F1]Grant of unrestricted shares made to non-executive directors pursuant to the Carnival Corporation Ltd. 2020 Stock Plan.
- [F2]The Board of Directors approved a value of $210,000 to be granted to the reporting person in the form of unrestricted shares. The number of unrestricted shares was determined by dividing the grant value by the average of the closing prices of a Carnival Corporation share over 20 consecutive trading days ending on the day before the grant, then rounding down to the nearest whole share.
- [F3]Includes shares acquired pursuant to the dividend reinvestment feature of the reporting person's account.
- [F4]Represents shares withheld by the Issuer to cover taxes associated with the grant of unrestricted shares.