Cruise Line Heir Tops Peter Thiel as Quarter’s Biggest Insider Seller

Royal Caribbean’s Arne Wilhelmsen sold more than $500 million worth of shares in the first three months of the year.

Royal Caribbean Cruises Ltd. heir Arne Alexander Wilhelmsen topped a diverse list of insider sellers in the first quarter, as a more cautious outlook for the tech industry led many of the usual suspects to hold their fire.

Wilhelmsen’s family office unloaded more than half a billion dollars worth of shares in its first sale since 2024, according to the Washington Service, which tracks such buying and selling. He joined insiders at a mortgage company, a maker of airplane parts and an oilfield equipment supplier in disposing of large chunks of stock.