Carnival Corp (NYSE: CCL) chair shifts 339K shares between family trusts
Rhea-AI Filing Summary
Carnival Corp Ltd. (CCL) reported an insider Form 4 in which reporting person Micky Meir Arison, Chairman of the Board, disclosed indirect trust-related stock movements classified as bona fide gifts under federal securities laws. On August 24 and 25, 2026, trusts associated with him transferred a total of 339,043 shares of Carnival common stock for no consideration between trusts for his benefit and for the benefit of one of his children; these are deemed gifts but are coded as acquisitions for reporting purposes. The positions are reported as indirect ownership by various trusts, and one indirect holding line shows 80,736,445 shares held by MA 1994 B Shares, L.P. Arison disclaims beneficial ownership of certain shares held in specified trusts, even though they are reported as indirectly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 339,043 shares
Net Buy
3 txns
Insider
ARISON MICKY MEIR
Role
Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F2, F3 | 248,015 | -- | -- |
| Gift | Common Stock F1 | 91,028 | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,406,463 shares (Indirect, By various trusts);
Common Stock — 80,736,445 shares (Indirect, By MA 1994 B Shares, L.P.)
Footnotes (3)
- F1. This transaction was a transfer for no consideration, thus deemed a gift for federal securities laws, from Nickel KA 2023 Trust #1, a trust for the benefit of Mr. Arison, to 2022 KA Remainder Trust, a trust for the benefit of one of Mr. Arison's children.
- F2. This transaction was a transfer for no consideration, thus deemed a gift for federal securities laws, from Nickel KA 2024 Trust #1, a trust for the benefit of Mr. Arison, to 2022 KA Remainder Trust, a trust for the benefit of one of Mr. Arison's children.
- F3. Includes (i) 841,506 shares of Carnival Corporation common stock held by the NA 2017-08 Trust, (ii) 841,506 shares of Carnival Corporation common stock held by the KA 2017-08 Trust, (iii) 1,078,535 shares of Carnival Corporation common stock held by the 2022 KA Remainder Trust, (iv) 1,009,083 shares of Carnival Corporation common stock held by Nickel KA 2022 Trust #2, (v) 243,076 shares of Carnival Corporation common stock held by Nickel KA 2025 Trust #1, (vi) 8,472,297 shares of Carnival Corporation common stock held by Nickel 2025-05 Trust #2 and (vii) 920,460 shares held by the Nickel 2003 Revocable Trust. The Reporting Person disclaims beneficial ownership of the shares of Carnival Corporation common stock held by the NA 2017-08 Trust, the KA 2017-08 Trust and the 2022 KA Remainder Trust.
Key Figures
Gifted shares on August 24, 2026: 91,028 shares of Common Stock
Gifted shares on August 25, 2026: 248,015 shares of Common Stock
Total shares in reported gift transfers: 339,043 shares of Common Stock
+2 more
5 metrics
Gifted shares on August 24, 2026
91,028 shares of Common Stock
Transfer for no consideration, deemed a bona fide gift between trusts
Gifted shares on August 25, 2026
248,015 shares of Common Stock
Transfer for no consideration, deemed a bona fide gift between trusts
Total shares in reported gift transfers
339,043 shares of Common Stock
Sum of two bona fide gift transfers on August 24–25, 2026
Indirect holding by MA 1994 B Shares, L.P.
80,736,445 shares of Common Stock
Indirectly owned position reported as of August 24, 2026
Shares included in various trusts
13,406,463 shares of Common Stock
Total of seven trust positions described in a footnote; some beneficial ownership disclaimed
Key Terms
bona fide gift, indirect ownership, disclaims beneficial ownership, transfer for no consideration, +1 more
5 terms
bona fide gift regulatory
"transaction_code_description": "Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership regulatory
""ownership_type": "indirect", "ownership_code": "I""
disclaims beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of the shares"
transfer for no consideration regulatory
"This transaction was a transfer for no consideration, thus deemed a gift"
trust financial
"held by the NA 2017-08 Trust, the KA 2017-08 Trust and the 2022 KA"
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
What insider activity did CCL report for Micky Arison on this Form 4?
The Form 4 reports that Micky Arison, Chairman of the Board, disclosed two bona fide gift transactions involving a total of 339,043 shares of Carnival Corp Ltd. common stock, transferred for no consideration between trusts associated with him and his family.
Were the CCL Form 4 transactions market trades or internal transfers?
They were internal transfers between trusts, not market trades. Each is described as a transfer for no consideration, deemed a bona fide gift under federal securities laws, moving shares among trusts established for Micky Arison and one of his children.
Were the CCL insider gift transactions under a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is unchecked, and the description of the transactions as internal transfers for no consideration between trusts does not indicate that they were executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
