Form 4: Carnival Corp General Counsel Enrique Miguez Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Enrique Miguez, General Counsel of Carnival Corp, reports the withholding of shares to cover taxes associated with the vesting of restricted stock units.
Summary
- On February 18, 2025, Enrique Miguez, General Counsel of Carnival Corporation, reported changes in beneficial ownership of Carnival Corp [CCL] common stock.
- The transactions involved the withholding of shares by the issuer to cover taxes associated with the vesting of restricted stock units.
- Specifically, 4,862 shares were withheld related to Management Incentive Plan-tied restricted stock units granted on February 21, 2023, 1,945 shares were withheld related to performance-based restricted stock units granted on February 21, 2023, and 2,097 shares were withheld related to time-based restricted stock units granted on April 21, 2023, all at a price of $25.93.
- Following these transactions, Miguez directly owns 94,350 shares of Carnival Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It reflects the standard practice of withholding shares to cover tax obligations upon the vesting of restricted stock units.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and does not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 02/21/2023 | Date of grant for Management Incentive Plan-tied restricted stock units. |
| 02/21/2023 | Date of grant for performance-based restricted stock units. |
| 04/21/2023 | Date of grant for time-based restricted stock units. |
| 02/18/2025 | Date of transaction (share withholding). |
| 02/19/2025 | Date of signature. |
Keywords
beneficial ownership, Carnival Corp, Enrique Miguez, restricted stock units, Form 4, tax withholding, CCL
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.