Form 4: Royal Caribbean Cruises CFO Naftali Holtz Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Naftali Holtz, CFO of Royal Caribbean Cruises, reports disposals of common stock to cover tax liabilities related to vesting restricted stock units and performance shares.
Summary
- On March 24, 2024, Naftali Holtz, the Chief Financial Officer of Royal Caribbean Cruises Ltd., disposed of 301 shares of common stock at a price of $135.77.
- This disposal was to cover the tax liability associated with the vesting of restricted stock units.
- Additionally, 2,261 shares were disposed of at the same price to cover tax liabilities from vesting performance shares.
- Following these transactions, Holtz beneficially owns 42,820 shares of Royal Caribbean Cruises Ltd.
- This includes 74 shares previously acquired under the Issuer's Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/24/2024 | Date of stock disposal to cover tax liabilities. |
| 03/26/2024 | Date of signature by Attorney-in-Fact for Naftali Holtz. |
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