Carnival insider activity
What the executives and directors of Carnival actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
The tape: three years of insider trades
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 81 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Aug 25, 2026 | ARISON MICKY MEIR | 339K |
| May 11, 2026 | SUBOTNICK STUART | 616 |
| May 11, 2026 | WEIL LAURA A | 616 |
| May 11, 2026 | Connors Nelda J | 616 |
| May 11, 2026 | BAND SIR JONATHON | 3,471 |
| May 11, 2026 | Gearhart Jeffrey J | 616 |
| May 11, 2026 | Deeble Helen | 3,625 |
| May 11, 2026 | cahilly jason glen | 616 |
| May 11, 2026 | Lahey Katie | 616 |
| May 8, 2026 | WEISENBURGER RANDALL J | 7,712 |
| May 8, 2026 | SUBOTNICK STUART | 7,712 |
| May 8, 2026 | WEIL LAURA A | 7,712 |
| May 8, 2026 | Bernstein David | 50K |
| May 8, 2026 | Connors Nelda J | 7,712 |
| May 8, 2026 | BAND SIR JONATHON | 7,712 |
| May 8, 2026 | Gearhart Jeffrey J | 7,712 |
| May 8, 2026 | Deeble Helen | 7,712 |
| May 8, 2026 | cahilly jason glen | 7,712 |
| May 8, 2026 | Lahey Katie | 7,712 |
| May 8, 2026 | MIGUEZ ENRIQUE | 31K |
| May 8, 2026 | weinstein joshua ian | 191K |
| May 8, 2026 | deynes bettina alejandra | 21K |
| May 8, 2026 | Ljoen Lars Jakob | 22K |
| Apr 21, 2026 | Bernstein David | 17K |
| Apr 21, 2026 | MIGUEZ ENRIQUE | 7,114 |
| Apr 21, 2026 | weinstein joshua ian | 57K |
| Apr 21, 2026 | deynes bettina alejandra | 6,222 |
| Apr 21, 2026 | Ljoen Lars Jakob | 4,769 |
| Feb 10, 2026 | Bernstein David | 334K |
| Feb 10, 2026 | MIGUEZ ENRIQUE | 91K |
| Feb 10, 2026 | weinstein joshua ian | 907K |
| Feb 10, 2026 | deynes bettina alejandra | 68K |
| Feb 10, 2026 | Ljoen Lars Jakob | 29K |
| Nov 25, 2025 | ARISON MICKY MEIR | 8.5M |
| Aug 21, 2025 | ARISON MICKY MEIR | 739K |
| Apr 22, 2025 | Bernstein David | 7,534 |
| Apr 22, 2025 | MIGUEZ ENRIQUE | 2,634 |
| Apr 22, 2025 | weinstein joshua ian | 22K |
| Apr 22, 2025 | deynes bettina alejandra | 2,291 |
| Apr 22, 2025 | Ljoen Lars Jakob | 1,634 |
| Apr 16, 2025 | WEISENBURGER RANDALL J | 11K |
| Apr 16, 2025 | SUBOTNICK STUART | 11K |
| Apr 16, 2025 | WEIL LAURA A | 11K |
| Apr 16, 2025 | Bernstein David | 74K |
| Apr 16, 2025 | Connors Nelda J | 11K |
| Apr 16, 2025 | BAND SIR JONATHON | 11K |
| Apr 16, 2025 | Gearhart Jeffrey J | 11K |
| Apr 16, 2025 | Deeble Helen | 11K |
| Apr 16, 2025 | cahilly jason glen | 11K |
| Apr 16, 2025 | Lahey Katie | 11K |
| Apr 16, 2025 | MIGUEZ ENRIQUE | 34K |
| Apr 16, 2025 | weinstein joshua ian | 262K |
| Apr 16, 2025 | deynes bettina alejandra | 30K |
| Apr 16, 2025 | Ljoen Lars Jakob | 21K |
| Feb 18, 2025 | Bernstein David | 61K |
| Feb 18, 2025 | MIGUEZ ENRIQUE | 8,904 |
| Feb 18, 2025 | weinstein joshua ian | 64K |
| Feb 18, 2025 | deynes bettina alejandra | 2,552 |
| Feb 18, 2025 | Ljoen Lars Jakob | 4,262 |
| Apr 8, 2024 | WEISENBURGER RANDALL J | 12K |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 1.5M |
| Withheld for tax | 432K |
| Discretionary sales | 417K |
| Kept | 634K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| WEISENBURGER RANDALL J | 771K | 410K | 53.2 |
| Bernstein David | 125K | 145K | 115.6 |
| SUBOTNICK STUART | 83K | 132K | 158.8 |
Who holds what
the 14 largest holdings of 17| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| ARISON MICKY MEIR Chairman of the Board Last trade Nov 30, 2020 | Officer | 13M | – | – | Nov 30, 2020 | |
| WEISENBURGER RANDALL J Last trade Oct 19, 2023 | Director | 1.4M | – | – | Oct 19, 2023 | |
| weinstein joshua ian Chief Executive Officer | CEO | 422K | – | – | – | |
| Bernstein David CFO & CAO Last trade Feb 10, 2026 | CFO | 145K | – | $12M | net selling over the year: 0 months buying, 1 month selling | Feb 10, 2026 |
| SUBOTNICK STUART Last trade May 11, 2026 | Director | 132K | – | $5 | net selling over the year: 0 months buying, 1 month selling | May 11, 2026 |
| WEIL LAURA A Last trade Jul 13, 2007 | Director | 132K | – | – | Jul 13, 2007 | |
| burke william richard Chief Maritime Officer | Officer | 91K | – | – | – | |
| cahilly jason glen | Director | 88K | – | – | – | |
| Deeble Helen | Director | 88K | – | – | – | |
| Lahey Katie | Director | 85K | – | – | – | |
| Gearhart Jeffrey J | Director | 80K | – | – | – | |
| Ljoen Lars Jakob Chief Maritime Officer | Officer | 72K | – | – | – | |
| deynes bettina alejandra Chief Human Resources Officer Last trade May 28, 2026 | Officer | 69K | – | $1.2M | net selling over the year: 0 months buying, 1 month selling | May 28, 2026 |
| MIGUEZ ENRIQUE General Counsel | Officer | 61K | – | – | – |
Open-market trade log
the 60 most recent of 2,326| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| May 28, 2026 | deynes bettina alejandra (Officer) 43K shares $28.10 −0.0% since trade filed Jun 1, 2026 | Discretionary sale | 43K | $28.10 | $1.2M | −0.0% | Jun 1, 2026 |
| May 11, 2026 | SUBOTNICK STUART (Director) 0 shares $25.22 +11.4% since trade filed May 12, 2026 | Discretionary sale | 0 | $25.22 | $5 | +11.4% | May 12, 2026 |
| Apr 1, 2026 | BAND SIR JONATHON (Director) 12K shares $26.19 +7.3% since trade filed Apr 2, 2026 | Discretionary sale | 12K | $26.19 | $314K | +7.3% | Apr 2, 2026 |
| Mar 31, 2026 | BAND SIR JONATHON (Director) 12 shares $24.98 +12.5% since trade filed Apr 2, 2026 | Discretionary sale | 12 | $24.98 | $300 | +12.5% | Apr 2, 2026 |
| Feb 10, 2026 | Bernstein David (CFO) 362K shares $33.22 −15.4% since trade filed Feb 12, 2026 | Discretionary sale | 362K | $33.22 | $12M | −15.4% | Feb 12, 2026 |
| Aug 5, 2025 | BAND SIR JONATHON (Director) 13K shares $29.75 −5.6% since trade filed Aug 6, 2025 | Discretionary sale | 13K | $29.75 | $372K | −5.6% | Aug 6, 2025 |
| May 15, 2025 | Bernstein David (CFO) 105K shares $22.84 +23.0% since trade filed May 16, 2025 | Discretionary sale | 105K | $22.84 | $2.4M | +23.0% | May 16, 2025 |
| Oct 29, 2024 | BAND SIR JONATHON (Director) 18K shares $21.72 +29.4% since trade filed Oct 31, 2024 | Discretionary sale | 18K | $21.72 | $380K | +29.4% | Oct 31, 2024 |
| Feb 15, 2024 | Bernstein David (CFO) 154K shares $15.37 +82.8% since trade filed Feb 20, 2024 | Discretionary sale | 154K | $15.37 | $2.4M | +82.8% | Feb 20, 2024 |
| Jan 19, 2024 | Bernstein David (CFO) 34K shares $17.05 +64.8% since trade filed Jan 23, 2024 | Discretionary sale | 34K | $17.05 | $580K | +64.8% | Jan 23, 2024 |
| Oct 19, 2023 | WEISENBURGER RANDALL J (Director) 100K shares $11.50 +144.4% since trade filed Oct 23, 2023 | Open-market buy | 100K | $11.50 | $1.2M | +144.4% | Oct 23, 2023 |
| Oct 10, 2023 | WEISENBURGER RANDALL J (Director) 350K shares $12.99 +116.3% since trade filed Oct 12, 2023 | Open-market buy | 350K | $12.99 | $4.5M | +116.3% | Oct 12, 2023 |
| Feb 21, 2023 | Bernstein David (CFO) 107K shares $11.08 +153.6% since trade filed Feb 23, 2023 | Discretionary sale | 107K | $11.08 | $1.2M | +153.6% | Feb 23, 2023 |
| May 25, 2022 | WEISENBURGER RANDALL J (Director) 100K shares $11.76 +139.0% since trade filed May 27, 2022 | Open-market buy | 100K | $11.76 | $1.2M | +139.0% | May 27, 2022 |
| Jan 28, 2022 | DONALD ARNOLD W (CEO) 47K shares $19.08 +47.3% since trade filed Feb 1, 2022 | Discretionary sale | 47K | $19.08 | $900K | +47.3% | Feb 1, 2022 |
| Jan 28, 2022 | DONALD ARNOLD W (CEO) 49K shares $19.08 +47.3% since trade filed Feb 1, 2022 | Discretionary sale | 49K | $19.08 | $928K | +47.3% | Feb 1, 2022 |
| Jan 20, 2022 | Bernstein David (CFO) 7,670 shares $21.38 +31.4% since trade filed Jan 21, 2022 | Discretionary sale | 7,670 | $21.38 | $164K | +31.4% | Jan 21, 2022 |
| Jul 14, 2021 | Bernstein David (CFO) 12K shares $23.03 filed Jul 16, 2021 | Discretionary sale | 12K | $23.03 | $269K | – | Jul 16, 2021 |
| Apr 16, 2021 | WEISENBURGER RANDALL J (Director) 100K shares $27.50 filed Apr 20, 2021 | Discretionary sale | 100K | $27.50 | $2.8M | – | Apr 20, 2021 |
| Apr 15, 2021 | WEISENBURGER RANDALL J (Director) 450K shares $27.39 filed Apr 16, 2021 | Discretionary sale | 450K | $27.39 | $12M | – | Apr 16, 2021 |
| Apr 14, 2021 | WEISENBURGER RANDALL J (Director) 89K shares $28.07 filed Apr 16, 2021 | Discretionary sale | 89K | $28.07 | $2.5M | – | Apr 16, 2021 |
| Feb 12, 2021 | DONALD ARNOLD W (CEO) 44K shares $20.24 filed Feb 17, 2021 | Discretionary sale | 44K | $20.24 | $898K | – | Feb 17, 2021 |
| Feb 12, 2021 | PEREZ ARNALDO (Officer) 2,760 shares $20.24 filed Feb 17, 2021 | Discretionary sale | 2,760 | $20.24 | $56K | – | Feb 17, 2021 |
| Feb 12, 2021 | Bernstein David (CFO) 17K shares $20.24 filed Feb 17, 2021 | Discretionary sale | 17K | $20.24 | $338K | – | Feb 17, 2021 |
| Feb 8, 2021 | Anderson Peter C. (Officer) 4,184 shares $21.43 filed Feb 10, 2021 | Discretionary sale | 4,184 | $21.43 | $90K | – | Feb 10, 2021 |
| Jan 20, 2021 | Bernstein David (CFO) 24K shares $20.98 filed Jan 21, 2021 | Discretionary sale | 24K | $20.98 | $510K | – | Jan 21, 2021 |
| Jan 14, 2021 | DONALD ARNOLD W (CEO) 63K shares $21.12 filed Jan 19, 2021 | Discretionary sale | 63K | $21.12 | $1.3M | – | Jan 19, 2021 |
| Jan 14, 2021 | PEREZ ARNALDO (Officer) 14K shares $21.12 filed Jan 19, 2021 | Discretionary sale | 14K | $21.12 | $300K | – | Jan 19, 2021 |
| Jan 14, 2021 | Bernstein David (CFO) 49K shares $21.12 filed Jan 19, 2021 | Discretionary sale | 49K | $21.12 | $1.0M | – | Jan 19, 2021 |
| Nov 30, 2020 | ARISON MICKY MEIR (Officer) 871K shares $21.59 filed Dec 2, 2020 | Discretionary sale | 871K | $21.59 | $19M | – | Dec 2, 2020 |
| Nov 30, 2020 | ARISON MICKY MEIR (Officer) 4.1M shares $20.37 filed Dec 2, 2020 | Discretionary sale | 4.1M | $20.37 | $84M | – | Dec 2, 2020 |
| Oct 14, 2020 | GLASIER RICHARD (Director) 10K shares $14.05 filed Oct 16, 2020 | Open-market buy | 10K | $14.05 | $141K | – | Oct 16, 2020 |
| Apr 6, 2020 | WEISENBURGER RANDALL J (Director) 1.3M shares $8.00 filed Apr 7, 2020 | Open-market buy | 1.3M | $8.00 | $10M | – | Apr 7, 2020 |
| Oct 3, 2019 | BAND SIR JONATHON (Director) 5,000 shares $40.83 filed Oct 7, 2019 | Discretionary sale | 5,000 | $40.83 | $204K | – | Oct 7, 2019 |
| Jul 3, 2019 | WEISENBURGER RANDALL J (Director) 20K shares $46.50 filed Jul 5, 2019 | Open-market buy | 20K | $46.50 | $930K | – | Jul 5, 2019 |
| Jun 25, 2019 | DONALD ARNOLD W (CEO) 8,750 shares $45.39 filed Jun 27, 2019 | Open-market buy | 8,750 | $45.39 | $397K | – | Jun 27, 2019 |
| Jun 25, 2019 | DONALD ARNOLD W (CEO) 13K shares $45.12 filed Jun 27, 2019 | Open-market buy | 13K | $45.12 | $600K | – | Jun 27, 2019 |
| Feb 15, 2019 | PEREZ ARNALDO (Officer) 5,691 shares $57.08 filed Feb 20, 2019 | Discretionary sale | 5,691 | $57.08 | $325K | – | Feb 20, 2019 |
| Feb 15, 2019 | KRUSE STEIN (CEO) 32K shares $57.08 filed Feb 20, 2019 | Discretionary sale | 32K | $57.08 | $1.8M | – | Feb 20, 2019 |
| Feb 15, 2019 | Bernstein David (CFO) 25K shares $57.08 filed Feb 20, 2019 | Discretionary sale | 25K | $57.08 | $1.4M | – | Feb 20, 2019 |
| Jan 11, 2019 | PEREZ ARNALDO (Officer) 2,290 shares $52.27 filed Jan 15, 2019 | Discretionary sale | 2,290 | $52.27 | $120K | – | Jan 15, 2019 |
| Jan 11, 2019 | KRUSE STEIN (CEO) 6,966 shares $52.27 filed Jan 15, 2019 | Discretionary sale | 6,966 | $52.27 | $364K | – | Jan 15, 2019 |
| Dec 26, 2018 | DONALD ARNOLD W (CEO) 8,645 shares $46.31 filed Dec 28, 2018 | Open-market buy | 8,645 | $46.31 | $400K | – | Dec 28, 2018 |
| Dec 26, 2018 | DONALD ARNOLD W (CEO) 13K shares $46.51 filed Dec 28, 2018 | Open-market buy | 13K | $46.51 | $602K | – | Dec 28, 2018 |
| Oct 1, 2018 | PEREZ ARNALDO (Officer) 500 shares $64.69 filed Oct 3, 2018 | Discretionary sale | 500 | $64.69 | $32K | – | Oct 3, 2018 |
| Oct 1, 2018 | PEREZ ARNALDO (Officer) 6,500 shares $64.23 filed Oct 3, 2018 | Discretionary sale | 6,500 | $64.23 | $417K | – | Oct 3, 2018 |
| Jun 1, 2018 | DONALD ARNOLD W (CEO) 5,000 shares $62.91 filed Jun 5, 2018 | Discretionary sale | 5,000 | $62.91 | $315K | – | Jun 5, 2018 |
| May 1, 2018 | DONALD ARNOLD W (CEO) 200 shares $64.01 filed May 3, 2018 | Discretionary sale | 200 | $64.01 | $13K | – | May 3, 2018 |
| May 1, 2018 | DONALD ARNOLD W (CEO) 4,800 shares $63.37 filed May 3, 2018 | Discretionary sale | 4,800 | $63.37 | $304K | – | May 3, 2018 |
| Apr 16, 2018 | PEREZ ARNALDO (Officer) 7,000 shares $64.01 filed Apr 17, 2018 | Discretionary sale | 7,000 | $64.01 | $448K | – | Apr 17, 2018 |
| Apr 2, 2018 | DONALD ARNOLD W (CEO) 2,000 shares $65.07 filed Apr 4, 2018 | Discretionary sale | 2,000 | $65.07 | $130K | – | Apr 4, 2018 |
| Apr 2, 2018 | DONALD ARNOLD W (CEO) 3,000 shares $64.10 filed Apr 4, 2018 | Discretionary sale | 3,000 | $64.10 | $192K | – | Apr 4, 2018 |
| Mar 13, 2018 | DONALD ARNOLD W (CEO) 3,000 shares $68.00 filed Mar 15, 2018 | Discretionary sale | 3,000 | $68.00 | $204K | – | Mar 15, 2018 |
| Mar 1, 2018 | DONALD ARNOLD W (CEO) 1,300 shares $66.89 filed Mar 5, 2018 | Discretionary sale | 1,300 | $66.89 | $87K | – | Mar 5, 2018 |
| Mar 1, 2018 | DONALD ARNOLD W (CEO) 3,700 shares $66.25 filed Mar 5, 2018 | Discretionary sale | 3,700 | $66.25 | $245K | – | Mar 5, 2018 |
| Feb 13, 2018 | DONALD ARNOLD W (CEO) 20K shares $68.73 filed Feb 15, 2018 | Discretionary sale | 20K | $68.73 | $1.4M | – | Feb 15, 2018 |
| Feb 13, 2018 | PEREZ ARNALDO (Officer) 8,567 shares $68.73 filed Feb 15, 2018 | Discretionary sale | 8,567 | $68.73 | $589K | – | Feb 15, 2018 |
| Feb 13, 2018 | KRUSE STEIN (CEO) 8,171 shares $68.73 filed Feb 15, 2018 | Discretionary sale | 8,171 | $68.73 | $562K | – | Feb 15, 2018 |
| Feb 13, 2018 | Bernstein David (CFO) 5,999 shares $68.73 filed Feb 15, 2018 | Discretionary sale | 5,999 | $68.73 | $412K | – | Feb 15, 2018 |
| Feb 1, 2018 | DONALD ARNOLD W (CEO) 700 shares $72.18 filed Feb 5, 2018 | Discretionary sale | 700 | $72.18 | $51K | – | Feb 5, 2018 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.