Form 4: Carnival Corp CFO David Bernstein Reports Stock Disposal for Tax Obligations

David Bernstein, CFO & CAO of Carnival Corporation, disposed of 7,534 shares of common stock on April 22, 2025, to cover taxes associated with vesting of restricted stock units.

Summary

• On April 24, 2025, David Bernstein, CFO & CAO of Carnival Corporation, filed a Form 4 with the SEC.
• The form reports a transaction on April 22, 2025, where 7,534 shares of Carnival Corporation common stock were disposed of.
• The disposal was to cover taxes associated with the vesting of time-based restricted stock units granted on April 8, 2024.
• The price per share for the disposal was $17.6205.
• Following the transaction, Bernstein beneficially owns 245,063 shares of Carnival Corporation common stock directly.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting a standard tax-related stock transaction by a company executive.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, common among publicly traded companies.

Comparison to Industry Standards

• Executive stock transactions are a normal part of corporate governance.
• Similar transactions are regularly reported by executives at companies like Royal Caribbean and Norwegian Cruise Line Holdings.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.

Key Dates

Keywords

Form 4, Carnival Corporation, David Bernstein, CFO, Stock Disposal, Restricted Stock Units, Tax Obligations, CCL