Michael W. Bayley - 13 Feb 2026 Form 4 Insider Report for ROYAL CARIBBEAN CRUISES LTD (RCL)

Role
Pres&CEO, Royal Caribbean Intl
Signature
/s/ Indira Sordo, Attorney-in-Fact for Michael W. Bayley
Issuer symbol
RCL
Transactions as of
13 Feb 2026
Net transactions value
-$26,145,464
Form type
4
Filing time
13 Feb 2026, 19:51:49 UTC
Previous filing
12 Feb 2026
SEC
View on sec.gov

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 13 Feb 2026 0001492662

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCL Common Stock Sale $1,223,849 -3,793 -2.7% $322.66 134,315 13 Feb 2026 Direct F1
transaction RCL Common Stock Sale $1,068,514 -3,304 -2.5% $323.40 131,011 13 Feb 2026 Direct F2
transaction RCL Common Stock Sale $2,547,864 -7,849 -6% $324.61 123,162 13 Feb 2026 Direct F3
transaction RCL Common Stock Sale $4,310,608 -13,241 -11% $325.55 109,921 13 Feb 2026 Direct F4
transaction RCL Common Stock Sale $4,535,731 -13,889 -13% $326.57 96,032 13 Feb 2026 Direct F5
transaction RCL Common Stock Sale $4,178,062 -12,759 -13% $327.46 83,273 13 Feb 2026 Direct F6
transaction RCL Common Stock Sale $4,611,062 -14,038 -17% $328.47 69,235 13 Feb 2026 Direct F7
transaction RCL Common Stock Sale $2,870,187 -8,711 -13% $329.49 60,524 13 Feb 2026 Direct F8
transaction RCL Common Stock Sale $428,198 -1,296 -2.1% $330.40 59,228 13 Feb 2026 Direct F9
transaction RCL Common Stock Sale $265,088 -800 -1.4% $331.36 58,428 13 Feb 2026 Direct F10
transaction RCL Common Stock Sale $106,301 -320 -0.55% $332.19 58,108 13 Feb 2026 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $322.34 to a high of $322.995. The reporting person undertakes to provide upon request of the SEC Staff or a Royal Caribbean Cruises Ltd. security holder full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1 - 11 to this Form 4.
F2 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $323.00 to a high of $323.97.
F3 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $324.05 to a high of $324.99.
F4 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $325.00 to a high of $325.99.
F5 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $326.01 to a high of $326.97.
F6 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $327.00 to a high of $327.97.
F7 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $328.00 to a high of $328.97.
F8 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $329.00 to a high of $329.74.
F9 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $330.00 to a high of $330.96.
F10 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $331.055 to a high of $331.71.
F11 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $332.00 to a high of $332.33.