Insider Selling: Royal Caribbean Cruises (NYSE:RCL) CAO Sells 4,442 Shares of Stock

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Royal Caribbean Cruises’ Chief Accounting Officer, Henry Pujol, sold 4,442 shares of company stock for over $1.45 million, reducing his stake by 30.62%. This insider sale occurred as the company reported strong Q4 earnings, authorized a $2.0 billion share buyback program, and increased its quarterly dividend to $1.50 per share. Despite positive financial performance and analyst sentiment, the stock experienced a 4.1% dip on the day of the sale.

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