Michael W. Bayley - 10 Feb 2026 Form 4 Insider Report for ROYAL CARIBBEAN CRUISES LTD (RCL)

Signature
/s/ Indira Sordo, Attorney-in-Fact for Michael W. Bayley
Issuer symbol
RCL
Transactions as of
10 Feb 2026
Net transactions value
-$23,672,174
Form type
4
Filing time
12 Feb 2026, 17:59:07 UTC
Previous filing
20 Feb 2025
Next filing
13 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bayley Michael W Pres&CEO, Royal Caribbean Intl ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI /s/ Indira Sordo, Attorney-in-Fact for Michael W. Bayley 12 Feb 2026 0001492662

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCL Common Stock Award $0 +167,809 +508% $0.000000 200,831 10 Feb 2026 Direct F1
transaction RCL Common Stock Tax liability $22,677,911 -65,656 -33% $345.40 135,175 10 Feb 2026 Direct F2
transaction RCL Common Stock Award $0 +5,876 +4.3% $0.000000 141,051 10 Feb 2026 Direct F3
transaction RCL Common Stock Tax liability $994,263 -2,943 -2.1% $337.84 138,108 12 Feb 2026 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock underlying performance shares granted pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended.
F2 Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of shares underlying certain performance shares on 02/10/2026.
F3 Represents shares of common stock underlying restricted stock units granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. In accordance with our vesting into retirement policy, award vests in one installment on the first anniversary of the grant date but will be subject to restrictions on transferability through the third anniversary of the grant date.
F4 Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of shares underlying certain restricted stock units on 02/12/2026.