WEIL LAURA A 4
Research Summary
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Carnival (CCL) Director Laura Weil Receives 7,712-Share Award
What Happened Laura A. Weil, a non‑executive director of Carnival Corporation (CCL), was granted 7,712 unrestricted shares on May 8, 2026 under the company’s 2020 Stock Plan (reported on Form 4). The board approved a grant value of $210,000; the shares were issued as an award (acquisition code A) and recorded at $0.00 per share for purposes of the Form 4. On May 11, 2026, 616 shares were withheld by the company to cover taxes associated with the grant (disposition code F) at $26.38 per share, totaling approximately $16,250.
Key Details
- Transaction dates: Grant on 2026-05-08; tax withholding on 2026-05-11. Form 4 filed 2026-05-12.
- Grant: 7,712 unrestricted shares, board‑approved value $210,000 (number of shares set by dividing grant value by 20‑day avg. closing price; see footnote).
- Withholding: 616 shares withheld for taxes at $26.38/share = $16,250 (reported as a disposition).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: Grant to non‑executive directors under the 2020 Stock Plan; number of shares set by averaging 20 trading days; includes mention that some shares reflect dividend reinvestment; withheld shares represent tax withholding.
- Filing timeliness: Form filed 2026-05-12; the filing lists the above transaction dates.
Context This was a compensation award to a non‑executive director, not an open‑market purchase or sale; the small share "disposition" reflects routine tax withholding rather than an indication of stock‑selling for investment reasons. Such director grants are common compensation and should be viewed as a non‑cash award rather than a direct bullish/timely personal purchase.