Richard Fain buys nearly $2m worth of RCL shares

Richard Fain either directly or indirectly owns 1,077,643 shares of RCL common stock Richard Fain either directly or indirectly owns 1,077,643 shares of RCL common stock

Royal Caribbean Cruises Ltd. chairman and CEO Richard Fain acquired 18,900 RCL shares for $1.99m, or a weighted average price of just under $105.60.

Fain bought the shares in a series of trades on Thursday. The stock is for a trust primarily for the benefit of certain family members.

Following the transaction, Fain owns 842,537 shares directly and 235,106 shares indirectly.

RCL closed at $105.07, down 53 cents.

Posted 13 December 2018

© Copyright 2019 Seatrade UBM (UK) Ltd. Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade UBM (UK) Ltd.

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor Seatrade Cruise Review

 2019 new cruise ship features SCN storybox NEW