cahilly jason glen 4
4 · CARNIVAL PLC · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Carnival plc (CUK) Director Jason Cahilly Surrenders 80,724 Trust Shares
What Happened
- Jason Glen Cahilly, a Director of Carnival plc, reported a disposition to the issuer on May 7, 2026: 80,724.673 "Trust Shares" (beneficial interests in the P&O Princess Voting Trust) were surrendered to Carnival plc and canceled. No sale price or proceeds were reported — the shares were surrendered for no consideration as part of corporate restructuring tied to the DLC Unification and Redomiciliation.
Key Details
- Transaction date: May 7, 2026; Transaction code: D (Disposition to issuer).
- Shares involved: 80,724.673 Trust Shares; Price/proceeds: N/A (surrendered/canceled for no consideration).
- Shares owned after transaction: Trust Shares surrendered and canceled; the filing notes the reporting person did not dispose of any Carnival Corporation common stock.
- Footnotes: F1 explains Trust Shares are beneficial interests in Carnival plc’s special voting share and are paired with Carnival Corporation common stock. F2 explains the surrender and cancellation occurred in connection with the DLC Unification and Redomiciliation, when Carnival plc became a wholly‑owned subsidiary of Carnival Corporation Ltd.
- Filing timeliness: Reported on the same date (May 7, 2026); no late filing indicated.
Context
- This was not an open‑market sale for cash but an administrative corporate action tied to the companies’ DLC unification and redomiciliation. Trust Shares represent voting interests linked to the DLC structure; their surrender and cancellation reflect a change in corporate structure rather than a personal liquidation of stock.
Insider Transaction Report
Form 4Exit
CARNIVAL PLCCUK
cahilly jason glen
Director
Transactions
- Disposition to Issuer
Trust Shares (beneficial Interest in Special Voting Share)
[F1][F2]2026-05-07−80,724.673→ 0 total
Footnotes (2)
- [F1]Represents trust shares (the "Trust Shares") of beneficial interests in P&O Princess Voting Trust (the "Trust"). In connection with the dual listed company transaction between Carnival plc (f/k/a P&O Princess Cruises plc) and Carnival Corporation (the "DLC Transaction"), Carnival plc issued one special voting share to the Trust and, following a series of transactions, the Trust Shares were distributed to holders of common stock of Carnival Corporation (the "Carnival Corporation Common Stock"). Since completion of the DLC Transaction on April 17, 2003, if Carnival Corporation issues Carnival Corporation Common Stock to a person, the Trust will issue an equivalent number of Trust Shares to such person. The Trust Shares are paired with shares of Carnival Corporation Common Stock and are represented by the same stock certificate. The Trust Shares represent a beneficial interest in the Carnival plc special voting share.
- [F2]On May 7, 2026, Carnival Corporation and Carnival plc completed the previously announced DLC Unification and Redomiciliation Transactions (the "DLC Unification and Redomiciliation"), pursuant to which Carnival plc became a wholly-owned subsidiary of Carnival Corporation Ltd. In connection with the consummation of the DLC Unification and Redomiciliation, the Trust Shares beneficially owned by the Reporting Person were surrendered to Carnival plc for no consideration, and then canceled. The Reporting Person did not dispose of any Carnival Corporation securities in connection with the DLC Unification and Redomiciliation.
Signature
/s/ Jason G. Cahilly|2026-05-07