Royal Caribbean exec reports 267 shares tax withholding

Royal Caribbean Cruises Ltd. executive Laura H. Bethge reported a routine tax-related share disposition connected to restricted stock unit vesting.

Rhea-AI Filing Summary

Royal Caribbean Cruises Ltd. executive Laura H. Bethge reported a routine tax-related share disposition connected to restricted stock unit vesting. On June 1, 2026, 267 shares of common stock were withheld by the company at $284.225 per share to cover her tax liability. After this withholding, she directly holds 32,519 shares of common stock and indirectly holds 87 shares through her spouse. The Form 4 does not show any open-market purchases or sales; the reported disposition reflects tax withholding rather than a trading decision.

Insider Trade Summary

Exercise Price or Tax Liability: 267 shares

Exercise Price or Tax Liability 2 txns

Insider BETHGE LAURA H

Role President, Celebrity Cruises

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	267	$284.225	$76K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 32,519 shares (Direct); Common Stock — 87 shares (Indirect, By spouse.)

Footnotes (1)

1. F1. 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 06/01/2026.

Key Figures

Tax-withheld shares: 267 shares Withholding price: $284.225 per share Direct holdings after transaction: 32,519 shares +1 more

4 metrics

Tax-withheld shares 267 shares Shares withheld to cover tax liability on RSU vesting on June 1, 2026

Withholding price $284.225 per share Value used for 267 shares withheld for taxes

Direct holdings after transaction 32,519 shares Royal Caribbean common stock directly owned by Laura Bethge after withholding

Indirect holdings by spouse 87 shares Royal Caribbean common stock held indirectly through spouse

Key Terms

restricted stock units, tax liability, withheld by the issuer, indirect ownership

4 terms

restricted stock units financial

"vesting of shares underlying certain restricted stock units on 06/01/2026"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax liability financial

"withheld by the issuer to cover the reporting person's tax liability"

withheld by the issuer financial

"Represents the number of shares of common stock withheld by the issuer"

indirect ownership financial

"total_shares_following_transaction 87.0000, nature_of_ownership: By spouse."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Royal Caribbean (RCL) executive Laura Bethge report on this Form 4?

Laura H. Bethge reported a tax-related share disposition, where 267 Royal Caribbean common shares were withheld by the company to cover taxes on vesting restricted stock units, rather than through an open-market sale or purchase.

How many Royal Caribbean (RCL) shares were withheld for taxes on Laura Bethge’s RSUs?

The company withheld 267 shares of Royal Caribbean common stock at $284.225 per share to cover Laura Bethge’s tax liability arising from the vesting of certain restricted stock units on June 1, 2026.

How many Royal Caribbean (RCL) shares does Laura Bethge own after this Form 4 transaction?

Following the tax-withholding transaction, Laura Bethge directly owns 32,519 Royal Caribbean common shares and indirectly owns 87 additional shares held by her spouse, according to the reported post-transaction holdings.

Was Laura Bethge’s Royal Caribbean (RCL) Form 4 an open-market sale of shares?

No, the Form 4 reports a tax-withholding disposition coded “F,” meaning 267 shares were withheld by Royal Caribbean to pay taxes on vesting restricted stock units, rather than being sold in the open market.

What does the tax-withholding code “F” mean in the Royal Caribbean (RCL) Form 4?

The “F” code indicates shares were delivered to the issuer to satisfy tax obligations or exercise costs. Here, 267 Royal Caribbean shares were withheld to cover Laura Bethge’s tax liability from vesting restricted stock units.

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

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Accepted by SEC EDGAR 06/03/2026 - 04:50 PM Learn about SEC filing dates

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^*

BETHGE LAURA H

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Celebrity Cruises

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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	06/01/2026		F		267(1)	D	$284.225	32,519	D
Common Stock								87	I	By spouse.

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 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 06/01/2026.

Remarks:

	/s/ Indira Sordo, Attorney-in-Fact for Laura H. Bethge	06/03/2026
	** 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)