$RCL director sold $19.98M at $315.27 per share, filed Feb. 20

Wilhelmsen Arne Alexander, a director at Royal Caribbean, sold 63,365 shares at $315.27 per share for roughly $19.98M, according to a filing dated 2026-02-20. On a plain read, that leans bearish: a high-significance insider sale at this size is worth noting even if insider selling is often not as clean a signal as insider buying.

What makes it notable is the actor and the size. This was a director sale, not a small routine disposal, and 63,365 shares / $19.98M is large enough to get attention. Could still be personal liquidity or planning, but it adds a clear insider distribution data point for $RCL.

The 33-factor read on $$RCL with the calculated levels: $RCL