weinstein joshua ian 4

What Happened

• Joshua Ian Weinstein, CEO of Carnival plc (CUK), had 635,820 shares issued to him on Feb 10, 2026 as the vesting of performance-based restricted stock units (PBS RSUs) (reporting code A).
• To cover tax withholding on vested awards, a total of 271,172 shares were surrendered/disposed (reporting code F): 250,196 shares at $33.22 each ($8,310,285) and 20,976 shares at $33.22 each ($696,720), totaling approximately $9,007,005. These were routine share-withholdings to satisfy tax obligations.

Key Details

• Transaction date: February 10, 2026; filing date: February 12, 2026 (filed within the typical two-business-day Form 4 window).
• Award: 635,820 shares issued at $0.00 (vesting of PBS RSUs granted April 2023).
• Withholding disposals: 250,196 shares @ $33.22 ($8,310,285) and 20,976 shares @ $33.22 ($696,720); total ~271,172 shares sold for ~$9.01M to cover taxes.
• Notable footnotes:
  • Vesting relates to performance-based RSUs under the Carnival 2020 Stock Plan (each RSU = 1 share).
  • Performance goals for the 2023–2025 period certified at 170.4% of target, triggering the reported vesting.
  • Some shares are issued as "Trust Shares" representing beneficial interests in a special voting share (dual-listed company trust structure).
  • Withholding noted as issuer share-withholdings for taxes (routine; reporting code F).
• Shares owned after the transaction: not specified in the provided filing.

Context

• This filing reflects a vesting event (award) combined with routine tax withholding; the withheld/sold shares are a common administrative step and not an open-market sale decision by the insider.
• The performance-based awards vested above target (170.4%), which increased the number of shares issued. The trust-share structure ties Carnival plc voting interests to Carnival Corporation common stock for DLC-related governance.