Royal Caribbean (NYSE: RCL) CEO logs three stock disposals

Rhea-AI Filing Summary

Royal Caribbean Cruises Ltd. President & CEO Jason T. Liberty reported three transactions in company common stock. On February 7, 2026, he disposed of 3,081 shares at $338.60 per share, leaving 138,510 shares held directly.

On February 8, 2026, he disposed of 5,639 shares at $338.60, with direct holdings of 132,871 shares afterward. On February 9, 2026, he disposed of 8,091 shares at $345.405, resulting in 124,780 common shares directly owned following the reported transactions.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Liberty Jason T

Role President & CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	8,091	$345.405	$2.79M
Tax Withholding	Common Stock	5,639	$338.60	$1.91M
Tax Withholding	Common Stock	3,081	$338.60	$1.04M

Holdings After Transaction: Common Stock — 124,780 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Liberty Jason T

(Last) (First) (Middle)

ROYAL CARIBBEAN CRUISES LTD.

1050 CARIBBEAN WAY

(Street)

MIAMI FL 33132

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ROYAL CARIBBEAN CRUISES LTD [ RCL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/07/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/07/2026		F		3,081	D	$338.6	138,510	D
Common Stock	02/08/2026		F		5,639	D	$338.6	132,871	D
Common Stock	02/09/2026		F		8,091	D	$345.405	124,780	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Indira Sordo, Attorney-in-Fact for Jason T. Liberty	02/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did RCL CEO Jason Liberty report in this Form 4 filing?

Jason T. Liberty reported three dispositions of Royal Caribbean common stock over consecutive days, reducing his direct holdings to 124,780 shares. Each transaction is coded "F" and involves company common stock at prices between $338.60 and $345.405 per share.

How many Royal Caribbean (RCL) shares did the CEO dispose of on each date?

The CEO disposed of 3,081 shares on February 7, 2026, 5,639 shares on February 8, 2026, and 8,091 shares on February 9, 2026. All transactions involved Royal Caribbean common stock and were reported with transaction code "F".

What were Jason Liberty’s RCL shareholdings after these reported transactions?

After the February 7, 2026 transaction, Jason Liberty directly held 138,510 shares. Following the February 8 transaction, he held 132,871 shares. After the February 9 transaction, his direct ownership stood at 124,780 common shares of Royal Caribbean.

What transaction code is used in Jason Liberty’s latest RCL Form 4?

All three reported transactions use code "F" for Royal Caribbean common stock. Each entry records a disposition of shares at specified prices, with updated totals of directly owned shares following the transactions on February 7, 8, and 9, 2026.

Does Jason Liberty hold Royal Caribbean (RCL) shares directly or indirectly?

The filing lists Jason T. Liberty’s ownership of Royal Caribbean common stock as direct ("D") in each transaction line. After the last reported transaction on February 9, 2026, he directly holds 124,780 shares of the company’s common stock.

What prices were reported for Jason Liberty’s recent RCL stock transactions?

The reported prices per share are $338.60 for the February 7, 2026 and February 8, 2026 transactions and $345.405 for the February 9, 2026 transaction. Each price applies to common stock dispositions recorded under transaction code "F".