Form 4: Carnival Corp CEO Joshua Weinstein Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Carnival Corporation's CEO, Joshua Weinstein, reported the disposal of common stock to cover tax obligations related to the vesting of restricted stock units.
Summary
- On February 18, 2025, Joshua Weinstein, the President & CEO of Carnival Corporation, reported the disposal of common stock.
- The disposals were made to cover taxes associated with the vesting of restricted stock units.
- 22,075 shares were disposed of at a price of $25.93 to cover taxes related to Management Incentive Plan-tied restricted stock units granted on February 21, 2023.
- 21,427 shares were disposed of at a price of $25.93 to cover taxes related to performance-based restricted stock units granted on February 21, 2023.
- 20,975 shares were disposed of at a price of $25.93 to cover taxes related to time-based restricted stock units granted on April 21, 2023.
- Following these transactions, Weinstein beneficially owns 476,017.228 shares of Carnival Corporation common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock disposals for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders and are closely watched by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposal has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| February 21, 2023 | Date of grant for Management Incentive Plan-tied and performance-based restricted stock units. |
| April 21, 2023 | Date of grant for time-based restricted stock units. |
| February 18, 2025 | Date of stock disposal to cover taxes. |
| February 19, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Disposal, Restricted Stock Units, Joshua Weinstein, Carnival Corporation, CCL
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