Carnival CEO Sells Company Stock

Arnold Donald, president and CEO of Carnival Corporation, sold 62,639 company shares on Tuesday at a price of $21.12 for proceeds of $1,322,935, according to an SEC filing. 

While the timing was less than ideal as the company remains out of service, the transaction was relatively routine.

Donald sold Carnival shares in mid-January in 2020, although at a much higher per-share price before the onset of the COVID-19 pandemic.