Form 4: Carnival Corp CFO David Bernstein Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Carnival Corporation's CFO, David Bernstein, reported the disposal of common stock to cover tax obligations related to the vesting of restricted stock units.
Summary
- David Bernstein, CFO & CAO of Carnival Corporation, reported changes in beneficial ownership of the company's common stock on February 18, 2025.
- The transactions involved the disposal of shares to cover tax obligations associated with the vesting of restricted stock units.
- A total of 16,529 shares were disposed of at a price of $25.93 per share related to Management Incentive Plan-tied restricted stock units granted on February 21, 2023.
- An additional 33,057 shares were disposed of at $25.93 per share related to performance-based restricted stock units granted on February 21, 2023.
- Furthermore, 11,012 shares were disposed of at $25.93 per share related to time-based restricted stock units granted on April 21, 2023.
- Following these transactions, Bernstein directly owns 178,823 shares of Carnival Corporation's common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| February 21, 2023 | Date of grant for Management Incentive Plan-tied restricted stock units. |
| February 21, 2023 | Date of grant for performance-based restricted stock units. |
| April 21, 2023 | Date of grant for time-based restricted stock units. |
| February 18, 2025 | Date of stock disposal transactions. |
| February 19, 2025 | Date of signature on the Form 4 filing. |
Keywords
Carnival Corp, David Bernstein, CFO, stock disposal, Form 4, beneficial ownership, restricted stock units, tax obligations
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