Carnival (NYSE: CCL) HR chief sells 43,058 shares around $28 each

Rhea-AI Filing Summary

Carnival Corp Ltd. Chief Human Resources Officer Bettina Alejandra Deynes reported an open-market sale of 43,058 Common Shares at an average price of $28.1045 per share on May 28, 2026. The trade was executed in multiple transactions at prices ranging from $28.1000 to $28.1150, with the reported price reflecting the average sale price.

Following this sale, Deynes directly holds a total of 69,237.5493 Common Shares, which includes 22,841 shares held in an account jointly owned with her spouse. This filing shows a net reduction in her directly owned stake but confirms she retains a meaningful share position in Carnival.

Insights

Equity compensation and insider-trading analyst

Carnival’s HR chief sold 43,058 shares but still holds over 69,000.

The filing shows Chief Human Resources Officer Bettina Alejandra Deynes executed an open-market sale of 43,058 Carnival Common Shares at an average price of $28.1045 on May 28, 2026. The sale was broken into multiple trades between $28.1000 and $28.1150.

After the transaction, she directly holds 69,237.5493 shares, including 22,841 in a jointly owned account with her spouse. This is a clear net reduction but leaves a substantial remaining position. With no linked option exercises or 10b5-1 plan disclosed in the excerpt, the event reads as a discretionary sale of a sizable block.

Insider Trade Summary

Net Seller: 43,058 shares ($1,210,124)

Net Sell 1 txn

Insider deynes bettina alejandra

Role Chief Human Resources Officer

Sold 43,058 shs ($1.21M)

Type	Security	Shares	Price	Value
Sale	Common Shares	43,058	$28.1045	$1.21M

Holdings After Transaction: Common Shares — 69,237.549 shares (Direct, null)

Footnotes (1)

1. This transaction was executed in multiple trades at prices ranging from $28.1000 to $28.1150. The price reported reflects the average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Includes 22,841 held in an account jointly owned with the reporting person's spouse.

Key Figures

Shares sold: 43,058 shares Average sale price: $28.1045 per share Price range: $28.1000–$28.1150 per share +3 more

6 metrics

Shares sold 43,058 shares Open-market sale on May 28, 2026

Average sale price $28.1045 per share Weighted average across multiple trades

Price range $28.1000–$28.1150 per share Execution range for individual trades

Shares held after 69,237.5493 shares Direct ownership following transaction

Jointly owned shares 22,841 shares Included in post-transaction direct holdings

Net share change -43,058 shares Net reduction in directly owned Common Shares

Key Terms

open-market sale, Common Shares, Form 4, average sale price, +1 more

5 terms

open-market sale financial

"reported an open-market sale of 43,058 Common Shares at an average price"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Shares financial

"reported an open-market sale of 43,058 Common Shares at an average price"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

Form 4 regulatory

"This Form 4 filing shows a net reduction in her directly owned stake"

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.

average sale price financial

"The price reported reflects the average sale price"

jointly owned financial

"Includes 22,841 held in an account jointly owned with the reporting person's spouse"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

deynes bettina alejandra

(Last) (First) (Middle)

C/O CARNIVAL CORPORATION

3655 N.W. 87TH AVENUE

(Street)

MIAMI FLORIDA 33178

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Carnival Corp Ltd. [ CCL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Human Resources Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	05/28/2026		S		43,058	D	$28.1045(1)	69,237.5493(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $28.1000 to $28.1150. The price reported reflects the average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

2. Includes 22,841 held in an account jointly owned with the reporting person's spouse.

	/s/ Bettina Deynes	06/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Carnival (CCL) executive Bettina Deynes do in this Form 4 filing?

Bettina Alejandra Deynes, Carnival’s Chief Human Resources Officer, reported selling 43,058 Common Shares in an open-market transaction. The average sale price was $28.1045 per share, based on multiple trades between $28.1000 and $28.1150 on May 28, 2026.

How many Carnival (CCL) shares did the HR chief sell and at what price?

She sold 43,058 Carnival Common Shares in total. The trades were executed at prices ranging from $28.1000 to $28.1150 per share, resulting in an average reported sale price of approximately $28.1045 per share for Form 4 reporting purposes.

How many Carnival (CCL) shares does Bettina Deynes own after this transaction?

After the reported sale, Bettina Alejandra Deynes directly owns 69,237.5493 Carnival Common Shares. This total includes 22,841 shares that are held in an account jointly owned with her spouse, as disclosed in the Form 4 footnotes.

Was the Carnival (CCL) insider sale a single trade or multiple trades?

The sale was executed in multiple trades, not a single transaction. According to the footnote, those trades occurred at prices between $28.1000 and $28.1150 per share, with the Form 4 reporting an average sale price of $28.1045.

What type of transaction did Carnival (CCL) report for Bettina Deynes?

The Form 4 describes the event as an open-market sale of Carnival Common Shares. The transaction is coded as “S”, meaning a sale in the open market or a private transaction, and it reduced her directly held share count by 43,058 shares.

Does the Carnival (CCL) Form 4 mention jointly owned shares for Bettina Deynes?

Yes. A Form 4 footnote states that her post-transaction holdings of 69,237.5493 shares include 22,841 shares held in an account jointly owned with her spouse. These jointly held shares are counted within her reported direct ownership position.