The AP reports that SEC records show Carnival Chairman Micky Arison exercised his option to purchase 120,000 shares of Carnival common stock on Monday for the discounted price of $26.41 apiece. The same day he sold 88,209 of them for the market price of $48.29 each.
If you do the math, that means he came out with a profit of $1,090,412 on Monday, plus he still has another 31, 791 shares left to cash in some other time. Isn't that a cool way to spend Monday? How much did you make on Monday?
