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Insider Trading Arrangements
3 Months Ended
Mar. 31, 2024
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On February 14, 2024, Michael W. Bayley, the President and Chief Executive Officer of Royal Caribbean International, entered into a 10b5-1 trading arrangement that provides for the sale of up to 73,356 shares of the Company’s common stock, subject to certain conditions. This includes all common stock, net of shares withheld to cover tax withholding obligations, to be issued upon the anticipated vesting of 58,941 restricted stock units and 91,360 performance share awards. The arrangement's expiration date is August 30, 2024.
On February 23, 2024, R. Alexander Lake, Chief Legal Officer and Secretary of the Company, entered into a 10b5-1 trading arrangement providing for the sale of up to 7,750 shares, subject to certain conditions. The arrangement's expiration date is February 21, 2025.
The foregoing trading arrangements were entered into during an open insider trading window and are intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act and the Company’s policies regarding insider transactions.
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Michael W. Bayley [Member]  
Trading Arrangements, by Individual  
Name Michael W. Bayley
Title President and Chief Executive Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date February 14, 2024
Arrangement Duration 198 days
Aggregate Available 73,356
R. Alexander Lake [Member]  
Trading Arrangements, by Individual  
Name R. Alexander Lake
Title Chief Legal Officer and Secretary of the Company
Rule 10b5-1 Arrangement Adopted true
Adoption Date February 23, 2024
Arrangement Duration 364 days
Aggregate Available 7,750