<SEC-DOCUMENT>0001127602-25-003506.txt : 20250207
<SEC-HEADER>0001127602-25-003506.hdr.sgml : 20250207
<ACCEPTANCE-DATETIME>20250207100007
ACCESSION NUMBER:		0001127602-25-003506
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250201
FILED AS OF DATE:		20250207
DATE AS OF CHANGE:		20250207

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Ljoen Lars Jakob
		CENTRAL INDEX KEY:			0002045316
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09610
		FILM NUMBER:		25599730

	MAIL ADDRESS:	
		STREET 1:		12220 PINE NEEDLE LANE
		CITY:			PINECREST
		STATE:			FL
		ZIP:			33156

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CARNIVAL CORP
		CENTRAL INDEX KEY:			0000815097
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER TRANSPORTATION [4400]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				591562976
		STATE OF INCORPORATION:			R1
		FISCAL YEAR END:			1130

	BUSINESS ADDRESS:	
		STREET 1:		3655 NW 87TH AVE
		STREET 2:		PO BOX 1347
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33178-2428
		BUSINESS PHONE:		3055992600

	MAIL ADDRESS:	
		STREET 1:		3655 NW 87TH AVE
		STREET 2:		PO BOX 1347
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33178

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CARNIVAL CRUISE LINES INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>form3.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2025-02-01</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000815097</issuerCik>
        <issuerName>CARNIVAL CORP</issuerName>
        <issuerTradingSymbol>CCL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002045316</rptOwnerCik>
            <rptOwnerName>Ljoen Lars Jakob</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CARNIVAL CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>3655 N.W. 87TH AVENUE</rptOwnerStreet2>
            <rptOwnerCity>MIAMI</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33178</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>Chief Maritime Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>31384</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Includes 2,246 restricted stock units (&quot;RSUs&quot;) granted on February 4, 2022 pursuant to the Carnival Corporation 2020 Stock Plan (the &quot;Plan&quot;). Two thirds of the original grant of 6,738 RSUs vested on February 15, 2023 and February 15, 2024 and the remaining 2,246 RSUs will vest on February 18, 2025.</footnote>
        <footnote id="F2">Includes 2,471 performance-based restricted stock units (&quot;PBS RSUs&quot;) granted on February 21, 2023 pursuant to the Plan.  2,470 of the PBS RSUs vested on February 15, 2024 and the remaining 2,471 RSUs will vest on February 18, 2025. The 2022 Management Incentive Plan bonus payout percentage was applied to the PBS RSU target value to determine the actual PBS RSU grant value.</footnote>
        <footnote id="F3">Includes 14,214 RSUs granted on April 21, 2023 pursuant to the Plan.  One third of the original grant of 21,321 RSUs vested on February 15, 2024 and the remaining 14,214 RSUs will vest on a pro rata basis on the February 18, 2025 and February 12, 2026.</footnote>
        <footnote id="F4">Includes 12,453 RSUs granted on April 8, 2024 pursuant to the Plan.  The RSUs will vest on a 3-year pro-rata basis on April 21, 2025, 2026 and 2027.</footnote>
        <footnote id="F5">Each RSU and PBS RSU represents a hypothetical interest in one share of Carnival Corporation common stock. The RSUs and PBS RSUs accumulate dividend equivalents and may only be settled in shares. The Compensation Committees approved each grant as a total value to be received in the form of RSUs or PBS RSUs, as applicable, and that the number of RSUs or PBS RSUs was to be determined by dividing the grant value by the closing price of a share of Carnival Corporation common stock on date of grant or over a 10-day period ending on the date of grant, as applicable.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Lars Ljoen</signatureName>
        <signatureDate>2025-02-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
