WEIL LAURA A 4

What Happened
Laura A. Weil, a director of Carnival plc (ticker CUK), reported a disposition to the issuer on May 7, 2026: 125,024.498 Trust Shares were surrendered to Carnival plc and subsequently canceled. The filing shows no price or cash proceeds (price = N/A); the shares were surrendered for no consideration in connection with the DLC Unification and Redomiciliation completed that day.

Key Details

• Transaction date: May 7, 2026 (Form 4 filed same day).
• Transaction code: D (Disposition to issuer).
• Shares involved: 125,024.498 Trust Shares. Price/proceeds: N/A — shares were surrendered and canceled for no consideration.
• Shares owned after transaction: the reported Trust Shares were surrendered and canceled; the filer did not dispose of any Carnival Corporation securities in connection with the transaction.
• Footnotes: F1 explains these are Trust Shares (beneficial interests in the P&O Princess Voting Trust) paired with Carnival Corporation common stock; F2 explains the Trust Shares were surrendered and canceled as part of the DLC Unification and Redomiciliation.
• Timeliness: filing period and filing date are the same (no late filing indicated).

Context
This was a corporate-transaction-driven surrender/cancellation of Trust Shares tied to the DLC Unification and Redomiciliation (Carnival plc became a wholly owned subsidiary of Carnival Corporation Ltd.), not an open-market sale. Such dispositions to the issuer in restructurings do not represent routine insider selling for cash and should be interpreted as administrative effects of the corporate reorganization rather than a signal of insider sentiment.