Gearhart Jeffrey J 4

What Happened Jeffrey J. Gearhart, a director of Carnival plc (CUK), reported a disposition to the issuer on 2026-05-07 in which 73,012.054 Trust Shares were surrendered and canceled. The filing reports no cash or other consideration was received for these Trust Shares (price: N/A).

Key Details

• Transaction date: 2026-05-07 (reported on Form 4 filed 2026-05-07).
• Security: 73,012.054 Trust Shares representing beneficial interests in the P&O Princess Voting Trust (the "Trust"); price/consideration: N/A (surrendered to issuer and canceled).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote highlights:
  • F1: The Trust Shares are beneficial interests in Carnival plc’s special voting share and are paired with Carnival Corporation common stock certificates.
  • F2: The surrender and cancellation occurred in connection with the DLC Unification and Redomiciliation completed May 7, 2026; the reporting person did not dispose of any Carnival Corporation securities.
• Filing timeliness: filing date matches transaction date (no late filing indicated).

Context A "Disposition to Issuer" here reflects surrender/cancellation of Trust Shares tied to corporate reorganization (the DLC Unification and Redomiciliation), not an open-market sale. Such corporate-driven cancellations do not necessarily indicate trading intent by the insider and did not involve sale of Carnival Corporation securities.