Michael W. Bayley - May 20, 2024 Form 4 Insider Report for ROYAL CARIBBEAN CRUISES LTD (RCL)

Signature
/s/ Indira Sordo, Attorney-in-Fact for Michael W. Bayley
Stock symbol
RCL
Transactions as of
May 20, 2024
Transactions value $
-$7,258,719
Form type
4
Date filed
5/22/2024, 04:50 PM
Previous filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCL Common Stock Sale -$7.26M -49.2K -49.73% $147.67 49.7K May 20, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on May 20, 2024. The actual sale prices ranged from a low of $143.41 to a high of $149.33. The Reporting Person undertakes to provide upon request of the SEC Staff or a Royal Caribbean Cruises Ltd. security holder full information regarding the number of shares sold at each price within the range.