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Royal Caribbean's Fain sells shares worth $6.69m

Royal Caribbean's Fain sells shares worth $6.69m
Royal Caribbean Cruises Ltd. chairman and ceo Richard Fain sold 87,488 RCL shares on Friday at an average price of $76.41 per share or just under $6.69m.

The shares were sold in a series of transactions at prices ranging from $76.18 to $76.51, according to a filing.

Following the sale, Fain holds nearly 1.14m shares directly and an additional nearly 427,000 shares indirectly through trusts that benefit family members.