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Richard Fain buys nearly $2m worth of RCL shares

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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.