Michael W. Bayley - Nov 17, 2023 Form 4 Insider Report for ROYAL CARIBBEAN CRUISES LTD (RCL)

Role: Pres& CEO,Royal Caribbean Intl
Signature: /s/ Indira Sordo, Attorney-in-Fact for Michael W. Bayley
Stock symbol: RCL
Transactions as of: Nov 17, 2023
Transactions value $: -$819,000
Form type: 4
Date filed: 11/20/2023, 05:29 PM
Previous filing: Sep 13, 2023
Next filing: Feb 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RCL	Common Stock	Sale	-$819K	-7.8K	-7.63%	$105.00	94.4K	Nov 17, 2023	Direct

* 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).