CARNIVAL PLC·4

Feb 12, 1:02 PM ET

deynes bettina alejandra 4

Research Summary

AI-generated summary

Updated

Carnival (CUK) CHRO Bettina Deynes Receives Award, Sells Shares for Taxes

What Happened
Bettina Alejandra Deynes, Chief Human Resources Officer of Carnival plc (CUK), had 47,686 performance-based restricted stock units (PBS RSUs) vest on Feb 10, 2026 (acquired at $0.00). To cover tax withholding obligations on the vesting, 20,490 shares were disposed at $33.22 per share—18,765 shares for $623,281 and 1,725 shares for $57,296—totaling $680,577. The acquisition reflects vesting of RSUs rather than a cash purchase; the disposals were to satisfy tax withholding.

Key Details

  • Transaction date: February 10, 2026; Form filed Feb 12, 2026 (appears timely).
  • Vested/awarded: 47,686 shares (PBS RSUs) @ $0.00 (grant/vesting).
  • Shares withheld/sold for taxes: 18,765 shares @ $33.22 = $623,281; 1,725 shares @ $33.22 = $57,296. Total withheld/sold = 20,490 shares for $680,577.
  • Footnotes: Vesting relates to PBS RSUs granted April 21, 2023 under the 2020 Stock Plan; performance was certified at 170.4% of target (resulting in vesting). Shares were withheld by the issuer to cover taxes. A separate footnote explains Trust Shares structure (Trust Shares represent beneficial interest in Carnival plc special voting share and are paired with Carnival Corporation common stock).
  • Shares owned after transaction: not specified in the provided filing excerpt.

Context
This was vesting of performance-based RSUs with issuer withholding shares to cover tax obligations (a routine, non-open-market disposition). Such withholding is common and does not necessarily signal the insider's view on the stock.