Carnival plc (CUK) director disposes Trust Shares in DLC unification and redomiciliation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carnival plc director Randall J. Weisenburger reported disposing of all his Trust Shares tied to Carnival plc’s special voting share. On May 7, 2026, a limited partnership associated with him surrendered 961,238 Trust Shares and he directly surrendered 402,296.8729 Trust Shares to Carnival plc for no consideration, and these were canceled.
The Trust Shares represented beneficial interests in a special voting share held by P&O Princess Voting Trust and were paired with Carnival Corporation common stock. The filing notes he did not dispose of any Carnival Corporation securities in connection with the DLC Unification and Redomiciliation transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WEISENBURGER RANDALL J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Trust Shares (beneficial Interest in Special Voting Share) | 402,296.873 | $0.00 | -- |
| Disposition | Trust Shares (beneficial Interest in Special Voting Share) | 961,238 | $0.00 | -- |
Holdings After Transaction:
Trust Shares (beneficial Interest in Special Voting Share) — 0 shares (Direct, null);
Trust Shares (beneficial Interest in Special Voting Share) — 0 shares (Indirect, By LP)
Footnotes (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.
Key Figures
Trust Shares disposed (indirect): 961,238 Trust Shares
Trust Shares disposed (direct): 402,296.8729 Trust Shares
Price per Trust Share: $0.0000 per share
+1 more
4 metrics
Trust Shares disposed (indirect)
961,238 Trust Shares
Surrendered by LP on May 7, 2026
Trust Shares disposed (direct)
402,296.8729 Trust Shares
Surrendered directly on May 7, 2026
Price per Trust Share
$0.0000 per share
Issuer disposition with no consideration
Trust Shares after transaction
0 Trust Shares
Total Trust Shares following disposition
Key Terms
Trust Shares, P&O Princess Voting Trust, special voting share, DLC Unification and Redomiciliation, +1 more
5 terms
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"
FAQ
What insider transaction did Randall J. Weisenburger report at Carnival plc (CUK)?
Randall J. Weisenburger reported disposing of all his Trust Shares linked to Carnival plc’s special voting share. On May 7, 2026, these Trust Shares were surrendered to Carnival plc for no consideration and then canceled as part of the DLC Unification and Redomiciliation transactions.
Did Randall J. Weisenburger sell any Carnival Corporation securities in this CUK Form 4?
According to the filing’s footnote, he did not dispose of any Carnival Corporation securities. Only the Trust Shares, representing beneficial interests in the special voting share associated with Carnival plc, were surrendered to Carnival plc for no consideration and then canceled as part of the unification.