BAND SIR JONATHON 4

What Happened

• Sir Jonathon Band, a director of Carnival plc (CUK), recorded a disposition to the issuer on May 7, 2026: 52,601.336 Trust Shares were surrendered and canceled. No cash proceeds or market sale occurred (price reported as N/A).
• This disposition was related to the completed DLC Unification and Redomiciliation transactions between Carnival plc and Carnival Corporation Ltd.; the Trust Shares were surrendered to Carnival plc for no consideration and then canceled.

Key Details

• Transaction date: 2026-05-07. Transaction type: Disposition to issuer (D). Price/proceeds: N/A (surrendered for no consideration).
• Shares involved: 52,601.336 Trust Shares (beneficial interests in P&O Princess Voting Trust).
• Shares owned after transaction: Not specified in the Form 4.
• Notable footnotes:
  • F1: The Trust Shares represent beneficial interests in the Carnival plc special voting share and are paired with Carnival Corporation common stock certificates.
  • F2: In connection with DLC Unification and Redomiciliation, the Reporting Person’s Trust Shares were surrendered and canceled; the Reporting Person did not dispose of any Carnival Corporation securities.
• Filing timeliness: The report covers and was filed for the same date (May 7, 2026), indicating no late filing noted.

Context

• This was not an open‑market sale but an issuer-directed surrender tied to a corporate restructuring (DLC Unification and Redomiciliation). Such actions are administrative/corporate in nature and do not necessarily reflect trading intent or sentiment by the insider.
• For retail investors: purchases tend to be more informative about insider confidence; a surrender or cancellation of trust shares in a corporate reorganization is procedural.