Carnival director granted 7,712 shares in stock award
Carnival Corp Ltd. director Laura A. Weil received a grant of 7,712 common shares as unrestricted stock compensation.
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Rhea-AI Filing Summary
Carnival Corp Ltd. director Laura A. Weil received a grant of 7,712 common shares as unrestricted stock compensation. The award was made under the Carnival Corporation Ltd. 2020 Stock Plan, based on a Board-approved value of $210,000 and an average market price calculation.
To cover taxes on this grant, 616 common shares were withheld at a price of $26.38 per share, a non-market tax-withholding disposition rather than an open-market sale. After these transactions, Weil directly holds 132,120.4975 common shares, including shares acquired through a dividend reinvestment feature.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 616 | $26.38 | $16K |
| Grant/Award | Common Shares | 7,712 | $0.00 | $0.00 |
Footnotes (4)
- F1. Grant of unrestricted shares made to non-executive directors pursuant to the Carnival Corporation Ltd. 2020 Stock Plan.
- F2. The Board of Directors approved a value of $210,000 to be granted to the reporting person in the form of unrestricted shares. The number of unrestricted shares was determined by dividing the grant value by the average of the closing prices of a Carnival Corporation share over 20 consecutive trading days ending on the day before the grant, then rounding down to the nearest whole share.
- F3. Includes shares acquired pursuant to the dividend reinvestment feature of the reporting person's account.
- F4. Represents shares withheld by the Issuer to cover taxes associated with the grant of unrestricted shares.
Key Figures
Key Terms
2020 Stock Plan financial
dividend reinvestment feature financial
taxes associated with the grant financial
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