Carnival plc (CUK) director cancels 125K special voting Trust Shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Laura A. Weil reported a disposition of 125,024.4975 Trust Shares, representing beneficial interests in a special voting share of Carnival plc linked to Carnival Corporation common stock. These Trust Shares were surrendered to Carnival plc for no consideration and subsequently canceled in connection with the completed DLC Unification and Redomiciliation transactions. The filing states that Weil did not dispose of any Carnival Corporation common stock in this process and that her holdings of these Trust Shares are now 0.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WEIL LAURA A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Trust Shares (beneficial Interest in Special Voting Share) | 125,024.498 | $0.00 | -- |
Holdings After Transaction:
Trust Shares (beneficial Interest in Special Voting Share) — 0 shares (Direct, null)
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 (fka 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: 125,024.4975 Trust Shares
Price per Trust Share: $0.0000 per Trust Share
Trust Shares after transaction: 0.0000 Trust Shares
+1 more
4 metrics
Trust Shares disposed
125,024.4975 Trust Shares
Disposition of Trust Shares to Carnival plc for no consideration
Price per Trust Share
$0.0000 per Trust Share
Reported transaction price for the surrendered Trust Shares
Trust Shares after transaction
0.0000 Trust Shares
Total Trust Shares beneficially owned following the disposition
Transaction code
D (Disposition to issuer)
Indicates surrender of securities to the issuer
Key Terms
Trust Shares, special voting share, dual listed company transaction, DLC Unification and Redomiciliation, +1 more
5 terms
dual listed company transaction regulatory
"In connection with the dual listed company transaction between Carnival plc ... and Carnival Corporation"
DLC Unification and Redomiciliation regulatory
"completed the previously announced DLC Unification and Redomiciliation Transactions"
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
FAQ
What did Carnival plc director Laura A. Weil report in this Form 4 for CUK?
Laura A. Weil reported surrendering 125,024.4975 Trust Shares tied to a special voting share of Carnival plc for no consideration. These Trust Shares were then canceled as part of the completed DLC Unification and Redomiciliation transactions.
Did Laura A. Weil sell any Carnival Corporation common stock in this CUK filing?
The filing states that Laura A. Weil did not dispose of any Carnival Corporation common stock. Only Trust Shares representing beneficial interests in a Carnival plc special voting share were surrendered and canceled in connection with the unification transactions.