Royal Caribbean Officer's $1.5M Combined Stock Sales Signal Executive Trading Pattern

Rhea-AI Filing Summary

Royal Caribbean Cruises officer Robert A. Lake Jr. filed a Form 144 notice for the proposed sale of 2,869 shares of common stock with an aggregate market value of $860,269.65 through Morgan Stanley Smith Barney LLC. The sale is planned for June 27, 2025, on the NYSE.

The shares to be sold were acquired as Restricted Stock in three tranches:

• 336 shares on June 1, 2024
• 1,623 shares on February 9, 2024
• 910 shares on February 7, 2024

Lake previously sold 2,500 shares for gross proceeds of $687,500 on June 6, 2025. The filing indicates Lake is operating under a Rule 10b5-1 trading plan adopted on February 26, 2025, and affirms no knowledge of undisclosed material adverse information regarding the company's operations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001697820
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	ROYAL CARIBBEAN CRUISES LTD.
SEC File Number	001-11884
Address of Issuer	1050 Caribbean Way Miami FLORIDA 33132
Phone	(305) 539-6000
Name of Person for Whose Account the Securities are To Be Sold	ROBERT A LAKE JR
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2869	860269.65	271560372	06/27/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/01/2024	Restricted Stock	ISSUER			336	06/01/2024	Not Applicable
Common	02/09/2024	Restricted Stock	ISSUER			1623	02/09/2024	Not Applicable
Common	02/07/2024	Restricted Stock	ISSUER			910	02/07/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ROBERT A LAKE JR. 1050 Caribbean Way Miami FL 33132	Common	06/06/2025	2500	687500.00

144: Remarks and Signature

Remarks
Date of Notice	06/27/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	02/26/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Robert Alexander Lake
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many RCL shares is Robert A. Lake Jr. planning to sell according to the Form 144 filed on June 28, 2025?

According to the Form 144 filing, Robert A. Lake Jr., an officer at Royal Caribbean, plans to sell 2,869 shares of RCL common stock with an aggregate market value of $860,269.65 through Morgan Stanley Smith Barney LLC.

When did Robert A. Lake Jr. acquire the RCL shares being sold?

The shares were acquired as Restricted Stock in three tranches: 336 shares on June 1, 2024, 1,623 shares on February 9, 2024, and 910 shares on February 7, 2024, totaling 2,869 shares.

Has Robert A. Lake Jr. sold any other RCL shares in the past 3 months?

Yes, according to the filing, Robert A. Lake Jr. sold 2,500 shares of RCL common stock on June 6, 2025, for gross proceeds of $687,500.00.

What is the total number of RCL shares outstanding as of the Form 144 filing?

According to the Form 144 filing, Royal Caribbean Cruises Ltd. had 271,560,372 shares outstanding at the time of the filing.

When does Robert A. Lake Jr. plan to execute the sale of RCL shares?

The Form 144 indicates an approximate date of sale of June 27, 2025, and the filing notes that Lake adopted a Rule 10b5-1 trading plan on February 26, 2025.