Carnival plc officer has 4,769 shares withheld for tax

Carnival plc Chief Maritime Officer Lars Jakob Ljoen reported routine tax-withholding transactions related to equity compensation.

Rhea-AI Filing Summary

Carnival plc Chief Maritime Officer Lars Jakob Ljoen reported routine tax-withholding transactions related to equity compensation. On April 21, 2026, a total of 4,769 Trust Shares of beneficial interests in the P&O Princess Voting Trust were withheld at $28.7402 per share.

Footnotes explain these Trust Shares are paired with Carnival Corporation common stock and represent a beneficial interest in a special voting share. The withheld shares covered taxes on vesting of time-based restricted stock units granted on April 8, 2024 and April 16, 2025, rather than open-market sales.

Insider Trade Summary

Exercise Price or Tax Liability: 4,769 shares

Exercise Price or Tax Liability 2 txns

Insider Ljoen Lars Jakob

Role Chief Maritime Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Trust Shares (beneficial Interest in Special Voting Share)	1,710	$28.7402	$49K
Exercise Price or Tax Liability	Trust Shares (beneficial Interest in Special Voting Share)	3,059	$28.7402	$88K

Holdings After Transaction: Trust Shares (beneficial Interest in Special Voting Share) — 50,075.7719 shares (Direct)

Footnotes (4)

1. F1. 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. F2. Represents shares withheld by the Company to cover taxes associated with vesting of time-based restricted stock units granted April 8, 2024.
3. F3. Includes shares acquired pursuant to the dividend reinvestment feature of the reporting person's account and dividend equivalent shares associated with the release of restricted stock units.
4. F4. Represents shares withheld by the Company to cover taxes associated with vesting of time-based restricted stock units granted April 16, 2025.

Key Figures

Tax-withheld shares total: 4,769 shares First tax-withheld block: 3,059 shares Second tax-withheld block: 1,710 shares +3 more

6 metrics

Tax-withheld shares total 4,769 shares Trust Shares withheld on April 21, 2026 for tax obligations

First tax-withheld block 3,059 shares Trust Shares withheld on April 21, 2026

Second tax-withheld block 1,710 shares Trust Shares withheld on April 21, 2026

Tax-withholding price $28.7402 per share Value used for Trust Shares withheld for taxes

RSU grant date 1 April 8, 2024 Time-based restricted stock units whose vesting triggered withholding

RSU grant date 2 April 16, 2025 Time-based restricted stock units whose vesting triggered withholding

Key Terms

Trust Shares, special voting share, time-based restricted stock units, dividend reinvestment feature, +1 more

5 terms

Trust Shares financial

"Represents trust shares (the "Trust Shares") of beneficial interests in P&O Princess Voting Trust"

special voting share financial

"The Trust Shares represent a beneficial interest in the Carnival plc special voting share"

time-based restricted stock units financial

"taxes associated with vesting of time-based restricted stock units granted April 8, 2024"

Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.

dividend reinvestment feature financial

"Includes shares acquired pursuant to the dividend reinvestment feature of the reporting person's account"

dividend equivalent shares financial

"and dividend equivalent shares associated with the release of restricted stock units"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Carnival plc (CUK) officer Lars Jakob Ljoen report in this Form 4?

Lars Jakob Ljoen reported tax-withholding dispositions of Trust Shares, not open-market trades. A total of 4,769 Trust Shares were withheld at $28.7402 per share to cover taxes due on vesting of time-based restricted stock units granted in 2024 and 2025.

How many Carnival plc (CUK) Trust Shares were withheld for taxes?

A combined 4,769 Trust Shares of beneficial interests in the P&O Princess Voting Trust were withheld. The transactions consisted of 3,059 shares and 1,710 shares, both priced at $28.7402 per share, to satisfy tax obligations tied to restricted stock unit vesting.

Were these CUK Form 4 transactions open-market sales of Carnival shares?

No, these were not open-market sales. Both transactions are coded “F” for tax-withholding dispositions, meaning the company withheld Trust Shares to pay taxes on vesting restricted stock units, rather than the officer choosing to sell shares in the market.

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

The Trust Shares represent beneficial interests in a special voting share of Carnival plc held by the P&O Princess Voting Trust. They are paired with Carnival Corporation common stock, represented by the same stock certificate, and were created as part of the dual listed company structure.

Which equity awards triggered the tax withholding in this Carnival plc Form 4?

The tax withholding related to vesting of time-based restricted stock units granted on April 8, 2024 and April 16, 2025. When these awards vested, Carnival plc withheld Trust Shares instead of cash to satisfy the associated tax liabilities for the reporting officer.

Does this CUK Form 4 indicate any new option exercises or derivative positions?

The filing does not show any new derivative exercises. The transactions involve non-derivative Trust Shares withheld for tax purposes, and the derivative section is empty, indicating no additional option or similar derivative activity reported in this particular Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/23/2026 - 11:41 AM EDT Learn about SEC filing dates

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^*

Ljoen Lars Jakob

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

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
Trust Shares (beneficial Interest in Special Voting Share)(1)	04/21/2026		F		1,710(2)	D	$28.7402	53,134.7719(3)	D
Trust Shares (beneficial Interest in Special Voting Share)(1)	04/21/2026		F		3,059(4)	D	$28.7402	50,075.7719	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. 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. Represents shares withheld by the Company to cover taxes associated with vesting of time-based restricted stock units granted April 8, 2024.

3. Includes shares acquired pursuant to the dividend reinvestment feature of the reporting person's account and dividend equivalent shares associated with the release of restricted stock units.

4. Represents shares withheld by the Company to cover taxes associated with vesting of time-based restricted stock units granted April 16, 2025.

	/s/ Lars Ljoen	04/23/2026
	** 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)