Lahey Katie 4
Research Summary
AI-generated summary
Carnival (CCL) Director Katie Lahey Receives Award; 616 Shares Withheld
What Happened
- Katie Lahey, a director of Carnival Corporation & plc (CCL), received an award of 7,712 unrestricted shares on 2026-05-08 under the Carnival 2020 Stock Plan (reported as an acquisition at $0.00). The Board approved a grant value of $210,000 for the reporting person; the share count was set using a 20‑day average price prior to the grant.
- On 2026-05-11, 616 shares were withheld/disposed to satisfy tax withholding obligations at a reported price of $26.38 per share, producing proceeds reported as $16,250.
Key Details
- Transaction dates/prices: 2026-05-08 grant (A) 7,712 shares @ $0.00; 2026-05-11 tax withholding (F) 616 shares @ $26.38 (reported $16,250).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes: F1 — unrestricted director share grant under the 2020 Stock Plan; F2 — board-set grant value of $210,000 with share count based on a 20-day average price; F3 — includes shares from dividend reinvestment in the reporting person's account; F4 — 616 shares withheld to cover taxes.
- Filing timeliness: Form 4 filed 2026-05-12. Based on the transaction dates, the filing was timely (within required business-day reporting window).
Context
- This was an equity compensation grant (unrestricted shares) to a non-executive director, not an open-market purchase or a sale for investment reasons. The 616-share disposition is a routine tax withholding (cashless withholding) and should not be interpreted as a voluntary sell decision.