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Home / Trades / #334308

burke william richard sold CUK

February 15, 2024 · Form 4 insider transaction

burke william richard sold 3,403 shares of Carnival Corporation & plc at $15.37 per share, a transaction worth $52.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 5 days after the transaction.

Direction
Disposed (sell-side)
Shares
3,403
Price
$15.37
Total value
$52.3K
Insiderburke william richard
Role—
CompanyCarnival Corporation & plc (CUK)
SecurityTrust Shares (beneficial Interest in Special Voting Share)
Transaction codeF — Shares withheld for taxes
Transaction dateFebruary 15, 2024
Filing dateFebruary 20, 2024
Shares owned after86,661
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

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.; Represents shares withheld by the Issuer to cover taxes associated with vesting of Management Incentive Plan-tied restricted stock units granted February 21, 2023.

View the original Form 4 on SEC EDGAR