CCL insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
bettina deynes Chief Human Resources Officer	43,058	$28.10	n/a	n/a	May 28, 2026	Jun 1, 2026

What stands out

Two officers sold $13.2M with no disclosed plan: David Bernstein ($12.0M) and bettina deynes ($1.2M). The filings don't state a reason.David Bernstein: largest such sale, Feb 10, 2026 · bettina deynes: largest such sale, May 28, 2026

Tax withholding outweighed market sales: the company withheld $13.9M of officers' and directors' shares for taxes, against $13.5M sold on the open market. The largest was joshua weinstein ($10.6M withheld).Largest withholding, Feb 10, 2026

Percentages cover 0 of 15 officers and directors. 15 are left out

Left out: Micky Arison (most holdings were last confirmed in 2016); Randall Weisenburger, joshua weinstein, David Bernstein, Enrique Miguez, Stuart Subotnick, Laura Weil, Helen Deeble, jason cahilly, Katie Lahey, Jeffrey Gearhart, bettina deynes, Sir Band, Lars Ljoen and Nelda Connors (holdings couldn't be fully reconciled).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is 100% of that person's own stake; not comparable between people. The stake is the vested shares held at the start of the period (Oct 9, 2025); the gold part is what they sold.

David Bernstein

CFO & CAO

Sold $12.0M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$12.0MNo plan disclosed

bettina deynes

Chief Human Resources Officer

Sold $1.2M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$1.2MNo plan disclosed

Sir Band

Director

Sold $314K (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$314KNo plan disclosed

Stuart Subotnick

Director

Sold $5 (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$5No plan disclosed

Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled

Common questions

Is the Carnival Corporation CEO selling stock?

No. joshua weinstein reported no open-market sales in the past 12 months.

Why are Carnival Corporation insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Carnival Corporation insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold4 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
David Bernstein CFO & CAO	$12.0M 362K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
bettina deynes Chief Human Resources Officer	$1.2M 43K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Sir Band Director	$314K 12K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Stuart Subotnick Director	$5 0 shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed

The full ownership picture1 of 15 insiders fully reconciled · 15 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 9, 2025

Sold

Held Oct 9, 2026

Still held

Micky Arison

Most of this insider's holdings were last confirmed in 2016. Confirmed in the last three years: 94,489,964 shares. Not confirmed since: 145,378,557 shares, left out of this row. "Still held" is not shown because it would cover only the smaller, confirmed part.

Chairman of the Board, Director

85.67M

94.49M

see note

Vesting, gifts, unvested awards and holding lines for Micky Arison

0shares vested or exercised

+8.81Mgifted (net of own trusts)

none reportedunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	347,056	347,056
MA 1994 B Shares, L.P	Common Stock	80,736,445	80,736,445
various trusts	Common Stock	4,587,110	13,406,463

Additional holdings last reported Feb 9, 2016, not confirmed since: 145,378,557 shares. Not included in any total or percentage on this page.

Nickel 1997 Irrevocable Trust, Common Stock: 5,585,255 shares, last reported Aug 25, 2004
NICKEL 2003 GRAT, Common Stock: 3,622,922 shares, last reported Nov 5, 2004
Nickel 2003 Revocable Trust, Common Stock: 3,251,154 shares, last reported Feb 9, 2016
MA 1997 Holdings, L.P, Common Stock: 2,659,265 shares, last reported Jan 23, 2006
NA 2008 Trust, Common Stock: 841,506 shares, last reported Nov 25, 2014
KA 2008 Trust, Common Stock: 841,506 shares, last reported Nov 25, 2014
MA 1994 B Shares, L.P, Common Stock, par value $0.01 per share: 106,114,284 shares, last reported Oct 13, 2003
Nickel 1997 Irrevocable Trust, Common Stock, par value $0.01 per share: 16,360,478 shares, last reported Oct 13, 2003
MA 1997 Holdings, L.P, Common Stock, par value $0.01 per share: 6,102,187 shares, last reported Oct 13, 2003

Reconciliation: minor difference of 8,013 shares. Difference is under 0.5% of holdings.

Randall Weisenburger

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +961,238 shares on May 8, 2026 (LP). See the filing Sales and other transactions for Randall Weisenburger are complete.

Director

n/a

Vesting, gifts, unvested awards and holding lines for Randall Weisenburger

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +961,238 shares on May 8, 2026 (LP). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	410,009
LP	Common Shares	0	961,238
Direct	Common Stock	401,626	401,626
LP	Common Stock	961,238	961,238

joshua weinstein

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +794,037 shares on May 8, 2026 (Franklin?s Tower Trust). See the filing Sales and other transactions for joshua weinstein are complete.

Chief Executive Officer, Director

n/a

Vesting, gifts, unvested awards and holding lines for joshua weinstein

0shares vested or exercised

0gifted (net of own trusts)

−328Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +794,037 shares on May 8, 2026 (Franklin?s Tower Trust). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	421,845
Franklin?s Tower Trust	Common Shares	0	794,037
Direct includes unvested RSUs, amount not disclosed	Common Stock	716,222	318,385
Franklin?s Tower Trust	Common Stock	0	706,532

David Bernstein

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +95,012 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for David Bernstein are complete.

CFO & CAO

n/a

−362K

n/a

Vesting, gifts, unvested awards and holding lines for David Bernstein

0shares vested or exercised

0gifted (net of own trusts)

−17Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +95,012 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	144,906
Direct includes unvested RSUs, amount not disclosed	Common Stock	140,053	95,012

Enrique Miguez

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +125,624 shares on May 8, 2026 (Enrique Miguez Trust U/A/D December 19, 2025). See the filing Sales and other transactions for Enrique Miguez are complete.

General Counsel

n/a

Vesting, gifts, unvested awards and holding lines for Enrique Miguez

0shares vested or exercised

0gifted (net of own trusts)

−34Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +125,624 shares on May 8, 2026 (Enrique Miguez Trust U/A/D December 19, 2025). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	60,668
Enrique Miguez Trust U/A/D December 19, 2025	Common Shares	0	125,624
Direct includes unvested RSUs, amount not disclosed	Common Stock	125,558	40,534
Enrique Miguez Trust U/A/D December 19, 2025	Common Stock	0	114,359

Stuart Subotnick

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +125,325.2739 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for Stuart Subotnick are complete.

Director

n/a

−0

n/a

Vesting, gifts, unvested awards and holding lines for Stuart Subotnick

0shares vested or exercised

0gifted (net of own trusts)

−616withheld by the company for taxes

none reportedunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +125,325.2739 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	132,421
Direct	Common Stock	125,325	125,325

Additional holdings last reported Aug 27, 2003, not confirmed since: 2,000 shares. Not included in any total or percentage on this page.

Direct, Common Stock, par value $0.01 per share: 2,000 shares, last reported Aug 27, 2003

Laura Weil

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +125,024.4975 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for Laura Weil are complete.

Director

n/a

Vesting, gifts, unvested awards and holding lines for Laura Weil

0shares vested or exercised

0gifted (net of own trusts)

−616withheld by the company for taxes

none reportedunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +125,024.4975 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	132,120
Direct	Common Stock	124,522	124,522

Helen Deeble

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +83,518.7962 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for Helen Deeble are complete.

Director

n/a

Vesting, gifts, unvested awards and holding lines for Helen Deeble

0shares vested or exercised

0gifted (net of own trusts)

−3.6Kwithheld by the company for taxes

none reportedunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +83,518.7962 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	87,606
Direct	Common Stock	83,214	83,214

jason cahilly

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +80,724.6733 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for jason cahilly are complete.

Director

n/a

Vesting, gifts, unvested awards and holding lines for jason cahilly

0shares vested or exercised

0gifted (net of own trusts)

−616withheld by the company for taxes

none reportedunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +80,724.6733 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	87,821
Direct	Common Stock	80,505	80,505

Katie Lahey

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +78,029.0588 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for Katie Lahey are complete.

Director

n/a

Vesting, gifts, unvested awards and holding lines for Katie Lahey

0shares vested or exercised

0gifted (net of own trusts)

−616withheld by the company for taxes

none reportedunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +78,029.0588 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	85,125
Direct	Common Stock	77,756	77,756

Jeffrey Gearhart

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +73,012.0544 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for Jeffrey Gearhart are complete.

Director

n/a

Vesting, gifts, unvested awards and holding lines for Jeffrey Gearhart

0shares vested or exercised

0gifted (net of own trusts)

−616withheld by the company for taxes

none reportedunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +73,012.0544 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	80,108
Direct	Common Stock	72,768	72,768

bettina deynes

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +91,517.5493 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for bettina deynes are complete.

Chief Human Resources Officer

n/a

−43K

n/a

Vesting, gifts, unvested awards and holding lines for bettina deynes

0shares vested or exercised

0gifted (net of own trusts)

−27Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +91,517.5493 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	69,238
Direct includes unvested RSUs, amount not disclosed	Common Stock	70,126	91,518

Sir Band

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +52,601.3359 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for Sir Band are complete.

Director

n/a

−12K

n/a

Vesting, gifts, unvested awards and holding lines for Sir Band

0shares vested or exercised

0gifted (net of own trusts)

−3.5Kwithheld by the company for taxes

none reportedunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +52,601.3359 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	56,842
Direct	Common Stock	64,406	52,601

Lars Ljoen

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +50,075.7719 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for Lars Ljoen are complete.

Chief Maritime Officer

n/a

Vesting, gifts, unvested awards and holding lines for Lars Ljoen

0shares vested or exercised

0gifted (net of own trusts)

−15Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +50,075.7719 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	71,871
Direct includes unvested RSUs, amount not disclosed	Common Stock	46,923	50,076

Nelda Connors

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +23,322.6435 shares on May 8, 2026 (Direct). See the filing Sales and other transactions for Nelda Connors are complete.

Director

n/a

Vesting, gifts, unvested awards and holding lines for Nelda Connors

0shares vested or exercised

0gifted (net of own trusts)

−616withheld by the company for taxes

none reportedunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +23,322.6435 shares on May 8, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Shares	0	30,419
Direct	Common Stock	23,258	23,258

1 of 15 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (0 exactly, 1 with a minor or footnoted difference). For 14 we show sales but not holdings; the ! icon on their rows explains why. Percentages cover 0 of 15 officers and directors. Left out: Micky Arison (most holdings were last confirmed in 2016); Randall Weisenburger, joshua weinstein, David Bernstein, Enrique Miguez, Stuart Subotnick, Laura Weil, Helen Deeble, jason cahilly, Katie Lahey, Jeffrey Gearhart, bettina deynes, Sir Band, Lars Ljoen and Nelda Connors (holdings couldn't be fully reconciled). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$13.5M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $13.5M across 416,848 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $13.5M

Sales with no 10b5-1 plan and no tax reference in the filing. $12.0M of it is David Bernstein. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: David Bernstein, Feb 10, 2026

Taxes

432,361 shares ($13.9M) were withheld by the company for taxes, which isn't a market sale.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
David Bernstein CFO & CAO	362K	$12.0M	0%	89%	Feb 10, 2026 to Feb 10, 2026
bettina deynes Chief Human Resources Officer	43K	$1.2M	0%	9%	May 28, 2026 to May 28, 2026
Sir Band Director	12K	$314K	0%	2%	Mar 31, 2026 to Apr 1, 2026
Stuart Subotnick Director	0	$5	0%	0.0%	May 11, 2026 to May 11, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$0	$0	$0	$0
Dec 2025	$0	$0	$0	$0
Jan 2026	$0	$0	$0	$0
Feb 2026	$12.0M	$0	$0	$12.0M
Mar 2026	$300	$0	$0	$300
Apr 2026	$314K	$0	$0	$314K
May 2026	$1.2M	$0	$0	$1.2M
Jun 2026	$0	$0	$0	$0
Jul 2026	$0	$0	$0	$0
Aug 2026	$0	$0	$0	$0
Sep 2026	$0	$0	$0	$0
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about a third of the 5-year average. 4 insiders sold; the average is 2 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 9, 2026 Latest 12 months	417K	4	$13.5M
Oct 9, 2025 1 year earlier	135K	2	$3.2M
Oct 9, 2024 2 years earlier	188K	1	$2.9M
Oct 10, 2023 3 years earlier	107K	1	$1.2M
Oct 10, 2022 4 years earlier	103K	2	$2.0M
Oct 10, 2021 5 years earlier	5.87M	6	$125M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty14 insiders whose holdings couldn't be fully reconciled

Randall Weisenburger: holdings couldn't be fully reconciled (difference of 1,363,535 shares). Balance changed with no matching transaction and no footnote: +961,238 shares on May 8, 2026 (LP). Filing, May 8, 2026

joshua weinstein: holdings couldn't be fully reconciled (difference of 1,025,762 shares). Balance changed with no matching transaction and no footnote: +794,037 shares on May 8, 2026 (Franklin?s Tower Trust). Filing, May 8, 2026

David Bernstein: holdings couldn't be fully reconciled (difference of 95,268 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +95,012 shares on May 8, 2026 (Direct). Filing, May 8, 2026

Enrique Miguez: holdings couldn't be fully reconciled (difference of 155,000 shares). Balance changed with no matching transaction and no footnote: +125,624 shares on May 8, 2026 (Enrique Miguez Trust U/A/D December 19, 2025). Filing, May 8, 2026

Stuart Subotnick: holdings couldn't be fully reconciled (difference of 125,325 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +125,325.2739 shares on May 8, 2026 (Direct). Filing, May 8, 2026

Laura Weil: holdings couldn't be fully reconciled (difference of 125,024 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +125,024.4975 shares on May 8, 2026 (Direct). Filing, May 8, 2026

Helen Deeble: holdings couldn't be fully reconciled (difference of 83,519 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +83,518.7962 shares on May 8, 2026 (Direct). Filing, May 8, 2026

jason cahilly: holdings couldn't be fully reconciled (difference of 80,725 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +80,724.6733 shares on May 8, 2026 (Direct). Filing, May 8, 2026

Katie Lahey: holdings couldn't be fully reconciled (difference of 78,029 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +78,029.0588 shares on May 8, 2026 (Direct). Filing, May 8, 2026

Jeffrey Gearhart: holdings couldn't be fully reconciled (difference of 73,012 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +73,012.0544 shares on May 8, 2026 (Direct). Filing, May 8, 2026

bettina deynes: holdings couldn't be fully reconciled (difference of 91,935 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +91,517.5493 shares on May 8, 2026 (Direct). Filing, May 8, 2026

Sir Band: holdings couldn't be fully reconciled (difference of 52,797 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +52,601.3359 shares on May 8, 2026 (Direct). Filing, May 8, 2026

Lars Ljoen: holdings couldn't be fully reconciled (difference of 50,287 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +50,075.7719 shares on May 8, 2026 (Direct). Filing, May 8, 2026

Nelda Connors: holdings couldn't be fully reconciled (difference of 23,323 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +23,322.6435 shares on May 8, 2026 (Direct). Filing, May 8, 2026

Micky Arison: minor difference of 8,013 shares. Difference is under 0.5% of holdings.

Inferred rename: "Dickinson Enterprises Limited" is treated as the same holder as "LP", because the old name was never reported again and the new one opened with the same balance (364,551 shares). Old name, new name

Inferred rename: "Micky Arison 2003 GRAT" is treated as the same holder as "NICKEL 2003 GRAT", because the old name was never reported again and the new one opened with the same balance (4,000,000 shares). Old name, new name

Inferred rename: "1997 Irrevocable Trust for Micky Arison" is treated as the same holder as "Nickel 1997 Irrevocable Trust", because the old name was never reported again and the new one opened with the same balance (5,585,255 shares). Old name, new name

Inferred rename: "Nickel 1997 Irrevocable Trust" is treated as the same holder as "Nickel 97-07 Trust", because the old name was never reported again and the new one opened with the same balance (538,393 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,709 filings from SEC EDGAR, and how we read them

All 1,709 Forms 3, 4 and 5 filed for Carnival Corporation (SEC CIK 815097) from Jun 11, 2001 to Aug 26, 2026, retrieved from SEC EDGAR on Oct 9, 2026. Prices are the ones reported in each filing, often weighted averages. 6 older filings exist only on paper and could not be read.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (60)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
william burke	Apr 10, 2024	90,601 shares, last reported balance as of Apr 8, 2024
Sara Mathew	Apr 10, 2024	37,943 shares, last reported balance as of Apr 8, 2024
Bessemer Trust CO of Delaware, N.A.	Jan 27, 2023	No balance on record
Arnold Donald	Aug 2, 2022	949,398 shares, last reported balance as of Jul 29, 2022
Richard Glasier	Apr 12, 2022	75,048 shares, last reported balance as of Apr 8, 2022
Sir Parker	Apr 12, 2022	62,668 shares, last reported balance as of Apr 8, 2022
Peter Anderson	Feb 7, 2022	79,351 shares, last reported balance as of Feb 4, 2022
Arnaldo Perez	Feb 17, 2021	114,367 shares, last reported balance as of Feb 12, 2021
MA 1994 B SHARES LP	Dec 2, 2020	181,375,288 shares, last reported balance as of Nov 30, 2020
ARTSFARE 2003 TRUST	Nov 13, 2020	6,280,386 shares, last reported balance as of Nov 6, 2020
Stein Kruse	Sep 1, 2020	160,887 shares, last reported balance as of Aug 28, 2020
Ennis Kelly	Apr 18, 2019	28,254 shares, last reported balance as of Apr 17, 2019
TAMMS MANAGEMENT CORP	Dec 18, 2018	1,861,718 shares, last reported balance as of Mar 30, 2007
Alan Buckelew	Aug 1, 2017	150,860 shares, last reported balance as of Jul 31, 2017
Larry Freedman	Feb 11, 2016	27,826 shares, last reported balance as of Feb 9, 2016
joshua leibowitz	Jan 13, 2016	22,478 shares, last reported balance as of Jan 11, 2016
Nickel 2015-94 B Trust	Jan 8, 2016	85,736,445 shares, last reported balance as of Dec 31, 2015
KLR, LLC	Jan 8, 2016	No balance on record
Gerald Cahill	Jan 14, 2015	79,201 shares, last reported balance as of Jan 12, 2015
Howard Frank	Nov 27, 2013	514,831 shares, last reported balance as of Nov 26, 2013
ETERNITY TWO TRUST	Aug 12, 2013	401,307 shares, last reported balance as of Aug 8, 2013
Peter Ratcliffe	Apr 16, 2013	20,703 shares, last reported balance as of Apr 15, 2013
Robert Dickinson	Feb 7, 2013	1,254,331 shares, last reported balance as of Feb 5, 2013
Robert Dickinson	Feb 7, 2013	No balance on record
Modesto Maidique	Feb 1, 2013	14,366 shares, last reported balance as of Jan 30, 2013
James Dubin	Dec 27, 2012	No balance on record
ETERNITY FOUR TRUST	Nov 28, 2012	58,758,183 shares, last reported balance as of Nov 27, 2012
Verus Protector, LLC	Jul 16, 2012	No balance on record
Richard Kohan	Jul 16, 2012	2,000 shares, last reported balance as of Jul 16, 2012
JAFASA CONTINUED IRREVOCABLE TRUST	Sep 27, 2011	759,010 shares, last reported balance as of May 16, 2005
Uzi Zucker	Jul 18, 2011	73,423 shares, last reported balance as of Jul 15, 2011
JMNJ PROTECTOR, LLC	Jun 23, 2011	No balance on record
Richard Skor	Jun 23, 2011	1,025 shares, last reported balance as of Jun 13, 2011
Artsfare 2005 Trust No. 2	Jan 14, 2011	37,580,930 shares, last reported balance as of Dec 15, 2009
ARTSFARE 2006 TRUST NO. 1	Jan 14, 2011	No balance on record
ARTSFARE 2006 TRUST NO. 2	Jan 14, 2011	No balance on record
NICKEL CONTINUED IRREVOCABLE TRUST	Nov 12, 2009	1 shares, last reported balance as of Nov 11, 2009
Richard Capen Jr.	Apr 17, 2009	16,147 shares, last reported balance as of Apr 15, 2009
Baroness Hogg	Oct 18, 2007	7,500 shares, last reported balance as of Oct 16, 2007
David Dingle	Jun 28, 2007	No balance on record
Shari Arison	Jun 6, 2007	1,200 shares, last reported balance as of Jun 4, 2007
TAMMS INVESTMENT CO L P	Apr 5, 2007	759,010 shares, last reported balance as of Mar 30, 2007
Ian Gaunt	Nov 2, 2006	No balance on record
Pamela Conover	Oct 17, 2006	5,075 shares, last reported balance as of Oct 26, 2004
Richard Ames	Oct 17, 2006	408 shares, last reported balance as of Jan 21, 2005
ARTSFARE 1992 IRREVOCABLE TRUST	Mar 24, 2006	No balance on record
John McNulty	Oct 19, 2005	No balance on record
Alton Lanterman	Aug 2, 2005	158,691 shares, last reported balance as of Aug 1, 2005
MICKY ARISON 1997 HOLDINGS TRUST	Jan 19, 2005	2,599,265 shares, last reported balance as of Jan 17, 2005
MA 1997 HOLDINGS LP	Jan 19, 2005	2,599,265 shares, last reported balance as of Jan 17, 2005
TED ARISON FAMILY FOUNDATION USA INC	Oct 22, 2004	No balance on record
Kenneth Dubbin	Oct 20, 2004	No balance on record
Pier Foschi	Oct 19, 2004	No balance on record
1999 JAFASA IRREVOCABLE DELAWARE TRUST	Sep 30, 2004	No balance on record
Douglas Lewis	Apr 23, 2004	No balance on record
COUTTS JERSEY LTD	Sep 4, 2003	No balance on record
JMD DELAWARE INC	Sep 4, 2003	No balance on record
JMD PROTECTOR INC	Sep 4, 2003	No balance on record
JJO DELAWARE INC	Aug 29, 2003	No balance on record
John Oneil	Aug 29, 2003	No balance on record

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Carnival Corporation insiders sold $13.5M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Common questions

Is the Carnival Corporation CEO selling stock?

Why are Carnival Corporation insiders selling?

Are any Carnival Corporation insiders buying?

The evidence

No plan disclosed · $13.5M

Taxes

Sales by month