Grant of time vested restricted share units ("TBS RSUs") made pursuant to the Carnival Corporation Ltd. 2020 Stock Plan. Each TBS RSU represents a hypothetical interest in one Carnival Corporation Ltd. common share. The TBS RSUs will vest on a 3-year pro-rata basis in April 2027, 2028 and 2029. The TBS RSUs will accumulate dividend equivalents and may only be settled in shares. | The grant was approved by the Compensation Committee as a total value to be received in the form of TBS RSUs. The number of TBS RSUs was determined by dividing the grant value by the average of the closing prices of a Carnival Corporation share over 20 consecutive trading days ending on the day before the grant, then rounding down to the nearest whole share.
MIGUEZ ENRIQUE
General Counsel·Indirect · Enrique Miguez Trust U/A/D December 19, 2025
Common Shares
Shares0
Price-
Total Value$0
Shares Owned After125.62K
Post-Transaction Holdings
MIGUEZ ENRIQUE
Security
Shares
Change
Common Shares
186.29K
+31.40K (20.27%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-08
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Carnival Corp Ltd. (CCL)
CIK: 0000815097
--- Reporting Owner ---
Name: MIGUEZ ENRIQUE
CIK: 0001849321
Role: Officer (General Counsel)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Shares
Date: 2026-05-08 | Code: A (Grant or award)
Shares: +31,399 | Price: $0.00
Shares Owned After: 60,667.8118 | Ownership: D (Direct)
Footnotes:
[F1] Grant of time vested restricted share units ("TBS RSUs") made pursuant to the Carnival Corporation Ltd. 2020 Stock Plan. Each TBS RSU represents a hypothetical interest in one Carnival Corporation Ltd. common share. The TBS RSUs will vest on a 3-year pro-rata basis in April 2027, 2028 and 2029. The TBS RSUs will accumulate dividend equivalents and may only be settled in shares.
[F2] The grant was approved by the Compensation Committee as a total value to be received in the form of TBS RSUs. The number of TBS RSUs was determined by dividing the grant value by the average of the closing prices of a Carnival Corporation share over 20 consecutive trading days ending on the day before the grant, then rounding down to the nearest whole share.
--- Holdings ---
[Holding #1]
Security: Common Shares
Ownership: I (Indirect)
--- Footnotes (Complete Index) ---
F1: Grant of time vested restricted share units ("TBS RSUs") made pursuant to the Carnival Corporation Ltd. 2020 Stock Plan. Each TBS RSU represents a hypothetical interest in one Carnival Corporation Ltd. common share. The TBS RSUs will vest on a 3-year pro-rata basis in April 2027, 2028 and 2029. The TBS RSUs will accumulate dividend equivalents and may only be settled in shares.
F2: The grant was approved by the Compensation Committee as a total value to be received in the form of TBS RSUs. The number of TBS RSUs was determined by dividing the grant value by the average of the closing prices of a Carnival Corporation share over 20 consecutive trading days ending on the day before the grant, then rounding down to the nearest whole share.
--- Signature ---
/s/ /s/ Enrique Miguez (2026-05-12)
