Royal Caribbean (NYSE: RCL) grants director 683 restricted stock units

Rhea-AI Filing Summary

Bunch Tara reported acquisition or exercise transactions in this Form 4 filing.

Royal Caribbean director Tara Bunch received a grant of 683 shares of common stock underlying restricted stock units under Royal Caribbean Cruises Ltd.’s 2008 Equity Incentive Plan. The RSUs vest on the earlier of May 28, 2027 or the company’s 2027 Annual Meeting of Shareholders, and 683 shares are reported as held following the award.

Insider Trade Summary

Net Buyer: 683 shares

Net Buy 1 txn

Insider Bunch Tara

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	683	$0.00	$0.00

Holdings After Transaction: Common Stock — 683 shares (Direct)

Footnotes (1)

1. F1. Represents shares of common stock underlying restricted stock units ("RSUs") granted pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. The shares underlying the RSUs vest the earlier of (i) May 28, 2027, or (ii) date of the Issuer's 2027 Annual Meeting of Shareholders.

Key Figures

RSU-based common shares granted: 683 shares Transaction price per share: $0.0000 per share Shares reported following award: 683 shares +1 more

4 metrics

RSU-based common shares granted 683 shares Grant of common stock underlying RSUs to director Tara Bunch on July 31, 2026

Transaction price per share $0.0000 per share Equity award of RSU-based common shares granted without cash payment

Shares reported following award 683 shares Total common shares underlying RSUs reported as held after the grant

RSU vesting date trigger May 28, 2027 RSUs vest the earlier of this date or the 2027 Annual Meeting of Shareholders

Key Terms

restricted stock units ("RSUs"), Equity Incentive Plan, Annual Meeting of Shareholders

3 terms

restricted stock units ("RSUs") financial

"Represents shares of common stock underlying restricted stock units ("RSUs") granted"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Equity Incentive Plan financial

"granted pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

Annual Meeting of Shareholders financial

"vest the earlier of May 28, 2027, or the Issuer's 2027 Annual Meeting of Shareholders"

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/03/2026 - 04:32 PM Accepted by SEC EDGAR 08/03/2026 - 04:31 PM Learn about SEC filing dates

FAQ

What insider equity award did Royal Caribbean (RCL) report for director Tara Bunch?

Royal Caribbean reported that director Tara Bunch received a grant of 683 shares of common stock underlying restricted stock units. The award was made under the company’s 2008 Equity Incentive Plan and is recorded as directly owned.

How many Royal Caribbean (RCL) shares were granted to Tara Bunch and at what price?

Tara Bunch was granted 683 Royal Caribbean common shares underlying RSUs at a reported transaction price of $0.0000 per share. This reflects a compensation award rather than an open-market purchase, with 683 shares shown as held after the grant.

When do Tara Bunch’s Royal Caribbean (RCL) RSUs from this grant vest?

The RSUs vest on the earlier of May 28, 2027 or the date of Royal Caribbean’s 2027 Annual Meeting of Shareholders. Vesting timing therefore depends on when that shareholder meeting occurs relative to May 28, 2027.

Was Tara Bunch’s Royal Caribbean (RCL) stock grant made under a Rule 10b5-1 trading plan?

The transaction is not indicated as being made under a Rule 10b5-1 trading plan. The filing’s checkbox for Rule 10b5-1 arrangements is not marked, and no footnote describes a pre-arranged trading plan for this equity award.

Which equity plan governs Tara Bunch’s RSU grant at Royal Caribbean (RCL)?

The award was granted pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. The footnote specifies that the 683 shares represent common stock underlying RSUs issued under this long-term equity compensation plan.

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^*

Bunch Tara

(Last) (First) (Middle)

C/O ROYAL CARIBBEAN CRUISES LTD.

1050 CARIBBEAN WAY

(Street)

MIAMI FLORIDA 33132

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

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

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

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

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	07/31/2026		A		683(1)	A	$0	683	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:

1. Represents shares of common stock underlying restricted stock units ("RSUs") granted pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. The shares underlying the RSUs vest the earlier of (i) May 28, 2027, or (ii) date of the Issuer's 2027 Annual Meeting of Shareholders.

Remarks:

	/s/ Indira Sordo, Attorney-in-Fact for Tara Bunch	08/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)