Carnival Corp Ltd.·4

May 12, 4:13 PM ET

cahilly jason glen 4

Research Summary

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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.