Carnival CFO has shares withheld for RSU taxes
Carnival Corp CFO & CAO David Bernstein reported routine tax-related share dispositions tied to equity compensation.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Carnival Corp CFO & CAO David Bernstein reported routine tax-related share dispositions tied to equity compensation. On April 21, 2026, a total of 17,312 shares of Common Stock were withheld by Carnival to cover taxes on vesting of time-based restricted stock units granted on April 8, 2024 and April 16, 2025. These Form 4 entries are coded as tax-withholding dispositions, not open-market sales, and reflect the mechanics of restricted stock unit vesting rather than discretionary trading.
Insider Trade Summary
Exercise Price or Tax Liability: 17,312 shares
Exercise Price or Tax Liability
2 txns
Insider
Bernstein David
Role
CFO & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7,578 | $28.7402 | $218K |
| Exercise Price or Tax Liability | Common Stock | 9,734 | $28.7402 | $280K |
Holdings After Transaction:
Common Stock — 95,012 shares (Direct)
Footnotes (3)
- F1. Represents shares withheld by the Company to cover taxes associated with vesting of time-based restricted stock units granted April 8, 2024.
- F2. Includes dividend equivalent shares associated with the release of restricted stock units.
- F3. Represents shares withheld by the Company to cover taxes associated with vesting of time-based restricted stock units granted April 16, 2025.
Key Figures
Tax-withheld shares (lot 1): 9,734 shares
Tax-withheld shares (lot 2): 7,578 shares
Total tax-withheld shares: 17,312 shares
+3 more
6 metrics
Tax-withheld shares (lot 1)
9,734 shares
Common Stock withheld for taxes on RSUs granted April 8, 2024
Tax-withheld shares (lot 2)
7,578 shares
Common Stock withheld for taxes on RSUs granted April 16, 2025
Total tax-withheld shares
17,312 shares
Aggregate tax-withholding shares on April 21, 2026
Valuation price per share
$28.7402 per share
Price applied to both tax-withholding dispositions
Holdings after transaction (lot 1)
95,012 shares
Direct Common Stock holdings following first tax-withholding entry
Holdings after transaction (lot 2)
104,746 shares
Direct Common Stock holdings following second tax-withholding entry
Key Terms
time-based restricted stock units, tax-withholding disposition, dividend equivalent shares, Form 4, +1 more
5 terms
time-based restricted stock units financial
"vesting of time-based restricted stock units granted April 8, 2024"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Carnival (CCL) CFO David Bernstein report in this Form 4?
David Bernstein reported tax-related share dispositions. Carnival withheld shares of Common Stock to cover income taxes due on vesting of his time-based restricted stock units, rather than Bernstein selling shares in the open market.
Are these Carnival (CCL) Form 4 transactions open-market sales?
No. The transactions are coded as tax-withholding dispositions (code “F”). They represent shares withheld by Carnival to cover taxes on vested restricted stock units, not discretionary open-market sales by CFO David Bernstein.
Which Carnival (CCL) equity awards triggered the tax withholding?
The tax withholding relates to time-based restricted stock units granted on April 8, 2024 and April 16, 2025. As these awards vested, Carnival withheld shares to pay the associated tax liabilities on Bernstein’s compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
