CARNIVAL PLC·4

May 7, 5:14 PM ET

weinstein joshua ian 4

Research Summary

AI-generated summary

Updated

Carnival CEO Joshua Weinstein Surrenders 1,024,917 Trust Shares

What Happened

  • Joshua I. Weinstein, CEO of Carnival plc (CUK), reported dispositions to the issuer on May 7, 2026: 318,385.235 Trust Shares and 706,532 Trust Shares (total 1,024,917.235 Trust Shares). The shares were surrendered to Carnival plc and canceled in connection with the DLC Unification and Redomiciliation transactions. No price or cash proceeds were reported (Disposed = N/A).

Key Details

  • Transaction date: 2026-05-07 (both dispositions).
  • Transaction type/code: Disposition to the issuer (D) — surrender/cancellation, not an open-market sale.
  • Share counts: 318,385.235 and 706,532 (total 1,024,917.235 Trust Shares).
  • Price/proceeds: N/A — Trust Shares were surrendered for no consideration per the filing.
  • Shares owned after transaction: filing does not state a numeric post-transaction holding for Trust Shares; the filing notes the Trust Shares beneficially owned by the reporting person were surrendered and canceled. The reporting person did not dispose of any Carnival Corporation securities.
  • Footnotes: F1 explains these are Trust Shares representing a beneficial interest in Carnival plc’s special voting share and are paired with Carnival Corporation common stock; F2 explains the surrender/cancellation occurred due to the DLC Unification and Redomiciliation.
  • Filing timeliness: Report period and filing date are both May 7, 2026 — no late filing indicated.

Context

  • This was a corporate reorganization-driven surrender of Trust Shares tied to the DLC Unification and Redomiciliation, not a market sale. There were no cash proceeds, so this transaction should not be read as a conventional insider sell signal. Trust Shares are a special instrument paired with Carnival Corporation common stock; the filing notes Weinstein did not dispose of Carnival Corporation securities in the transaction.