Form 4: Carnival Corp Director Laura A. Weil Receives Stock Grant

Director Laura A. Weil received 11,117 shares of Carnival Corporation common stock as part of a non-executive director compensation plan.

Summary

• Laura A. Weil, a director of Carnival Corporation, acquired 11,117 shares of common stock on April 16, 2025.
• The acquisition was a grant of unrestricted shares made pursuant to the Carnival Corporation 2020 Stock Plan for non-executive directors.
• The grant was valued at $195,000, with the number of shares determined by dividing the grant value by the average closing price of Carnival Corporation common stock over 10 consecutive trading days ending on the grant date.
• Following the transaction, Weil directly owns 124,521.835 shares of Carnival Corporation common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard compensation practice, indicating stability and alignment of interests.

Positives

• The grant of shares to a director aligns their interests with those of the shareholders.
• The grant is part of a pre-existing compensation plan, suggesting a structured approach to director compensation.

Future Outlook

This filing does not contain any forward-looking statements regarding the company's future performance.

Industry Context

Stock grants to non-executive directors are a common practice in publicly traded companies as part of their compensation packages. This aligns the directors' interests with those of the shareholders.

Comparison to Industry Standards

• Director compensation packages, including stock grants, vary significantly across the cruise line industry.
• Comparable companies like Royal Caribbean Cruises Ltd. and Norwegian Cruise Line Holdings Ltd. also utilize stock grants as part of their director compensation.
• The size of the grant is within the typical range for non-executive directors at companies of Carnival's size and market capitalization.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders, potentially leading to better corporate governance.
• The grant has a minimal impact on employees, customers, suppliers, and creditors.

Key Dates

Keywords

Carnival Corporation, Director, Stock Grant, Laura A. Weil, CCL, Share Ownership, Non-Executive Director, 2020 Stock Plan