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Carnival plc (NYSE: CUK) HR chief surrenders 91K Trust Shares in DLC unification

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Carnival plc Chief Human Resources Officer Bettina Alejandra Deynes reported a disposition of 91,517.5493 Trust Shares of beneficial interests in a Carnival plc special voting share. These Trust Shares were paired with Carnival Corporation common stock and represented voting interests rather than ordinary shares.

On May 7, 2026, in connection with the completion of Carnival Corporation and Carnival plc’s DLC Unification and Redomiciliation transactions, these Trust Shares beneficially owned by Deynes were surrendered to Carnival plc for no consideration and then canceled. Following this transaction, she reported holding zero Trust Shares of this type, and the footnotes state she did not dispose of any Carnival Corporation securities in connection with the unification.

Positive

  • None.

Negative

  • None.
Insider deynes bettina alejandra
Role Chief Human Resources Officer
Type Security Shares Price Value
Disposition Trust Shares (beneficial Interest in Special Voting Share) 91,517.549 $0.00 --
Holdings After Transaction: Trust Shares (beneficial Interest in Special Voting Share) — 0 shares (Direct, null)
Footnotes (1)
  1. Represents trust shares (the "Trust Shares") of beneficial interests in P&O Princess Voting Trust (the "Trust"). In connection with the dual listed company transaction between Carnival plc (f/k/a P&O Princess Cruises plc) and Carnival Corporation (the "DLC Transaction"), Carnival plc issued one special voting share to the Trust and, following a series of transactions, the Trust Shares were distributed to holders of common stock of Carnival Corporation (the "Carnival Corporation Common Stock"). Since completion of the DLC Transaction on April 17, 2003, if Carnival Corporation issues Carnival Corporation Common Stock to a person, the Trust will issue an equivalent number of Trust Shares to such person. The Trust Shares are paired with shares of Carnival Corporation Common Stock and are represented by the same stock certificate. The Trust Shares represent a beneficial interest in the Carnival plc special voting share. On May 7, 2026, Carnival Corporation and Carnival plc completed the previously announced DLC Unification and Redomiciliation Transactions (the "DLC Unification and Redomiciliation"), pursuant to which Carnival plc became a wholly-owned subsidiary of Carnival Corporation Ltd. In connection with the consummation of the DLC Unification and Redomiciliation, the Trust Shares beneficially owned by the Reporting Person were surrendered to Carnival plc for no consideration, and then canceled. The Reporting Person did not dispose of any Carnival Corporation securities in connection with the DLC Unification and Redomiciliation.
Trust Shares disposed 91,517.5493 Trust Shares Disposition to issuer on May 7, 2026
Price per Trust Share $0.0000 per Trust Share Reported transaction price
Trust Shares after transaction 0.0000 Trust Shares Holdings of this class following disposition
Trust Shares financial
"Represents trust shares (the "Trust Shares") of beneficial interests in P&O Princess Voting Trust"
special voting share financial
"Carnival plc issued one special voting share to the Trust"
P&O Princess Voting Trust financial
"beneficial interests in P&O Princess Voting Trust (the "Trust")"
DLC Unification and Redomiciliation financial
"completed the previously announced DLC Unification and Redomiciliation Transactions"
dual listed company transaction financial
"In connection with the dual listed company transaction between Carnival plc and Carnival Corporation"
SEC Form 4
FORM 4UNITED 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
X
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 PLC [ CUK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Human Resources Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Trust Shares (beneficial Interest in Special Voting Share)(1)05/07/2026D(2)91,517.5493D(2)0D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents trust shares (the "Trust Shares") of beneficial interests in P&O Princess Voting Trust (the "Trust"). In connection with the dual listed company transaction between Carnival plc (f/k/a P&O Princess Cruises plc) and Carnival Corporation (the "DLC Transaction"), Carnival plc issued one special voting share to the Trust and, following a series of transactions, the Trust Shares were distributed to holders of common stock of Carnival Corporation (the "Carnival Corporation Common Stock"). Since completion of the DLC Transaction on April 17, 2003, if Carnival Corporation issues Carnival Corporation Common Stock to a person, the Trust will issue an equivalent number of Trust Shares to such person. The Trust Shares are paired with shares of Carnival Corporation Common Stock and are represented by the same stock certificate. The Trust Shares represent a beneficial interest in the Carnival plc special voting share.
2. On May 7, 2026, Carnival Corporation and Carnival plc completed the previously announced DLC Unification and Redomiciliation Transactions (the "DLC Unification and Redomiciliation"), pursuant to which Carnival plc became a wholly-owned subsidiary of Carnival Corporation Ltd. In connection with the consummation of the DLC Unification and Redomiciliation, the Trust Shares beneficially owned by the Reporting Person were surrendered to Carnival plc for no consideration, and then canceled. The Reporting Person did not dispose of any Carnival Corporation securities in connection with the DLC Unification and Redomiciliation.
/s/ Bettina Deynes05/07/2026
** Signature of Reporting PersonDate
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 insider transaction did Carnival plc (CUK) report for Bettina Alejandra Deynes?

Carnival plc reported that Chief Human Resources Officer Bettina Alejandra Deynes disposed of 91,517.5493 Trust Shares. These represented beneficial interests in a special voting share and were surrendered to Carnival plc for cancellation as part of the DLC Unification and Redomiciliation transactions.

Did Bettina Alejandra Deynes sell any Carnival Corporation (CUK) common stock in this Form 4?

No, the filing states she did not dispose of any Carnival Corporation securities. Only Trust Shares representing beneficial interests in a Carnival plc special voting share were surrendered for no consideration and canceled in connection with the DLC Unification and Redomiciliation.

What are the Trust Shares referenced in the Carnival plc (CUK) Form 4 filing?

The Trust Shares are beneficial interests in a special voting share of Carnival plc held through the P&O Princess Voting Trust. They are paired with Carnival Corporation common stock and were issued to mirror common stock holdings under the historical dual listed company structure.

Why were the Trust Shares canceled in the Carnival plc (CUK) insider filing?

They were canceled as part of the DLC Unification and Redomiciliation transactions completed on May 7, 2026. In connection with these transactions, the Trust Shares beneficially owned by the reporting person were surrendered to Carnival plc for no consideration and then canceled.

How many Trust Shares did Bettina Alejandra Deynes hold after the reported CUK transaction?

Following the transaction, the Form 4 shows that Bettina Alejandra Deynes held zero Trust Shares of this type. All 91,517.5493 Trust Shares beneficially owned by her were surrendered to Carnival plc for no consideration and subsequently canceled.

What dual listed company structure change does this Carnival plc (CUK) filing describe?

The filing describes completion of the DLC Unification and Redomiciliation, under which Carnival plc became a wholly owned subsidiary of Carnival Corporation Ltd. As part of this process, Trust Shares linked to the old dual listed company structure were surrendered and canceled.