Carnival plc Awards Performance-Based Shares After Exceeding Targets

Reuters00:44
Carnival plc Awards Performance-Based Shares After Exceeding Targets

Carnival plc has announced the vesting of performance-based restricted stock units (PBS RSUs) granted in April 2023 under the Carnival Corporation 2020 Stock Plan. The units, tied to performance goals set for the 2023-2025 period, were eligible for payout ranging from 0 to 200% of the target amount. Based on the achievement of these goals at 170.4% of target, the reported shares have now vested. Each PBS RSU represents one share of Carnival Corporation common stock.

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