STOCK TITAN
  1. Home
  2. Sec-filings
  3. RCL
  4. [Form 4] ROYAL CARIBBEAN CRUISES LTD Insider Trading Activity

Royal Caribbean (RCL) executive has 267 shares withheld for RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider BETHGE LAURA H
Role President, Celebrity Cruises
Type Security Shares Price Value
Tax Withholding Common Stock 267 $284.225 $76K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 32,519 shares (Direct, null); Common Stock — 87 shares (Indirect, By spouse.)
Footnotes (1)
  1. [object Object]
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
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."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026F267(1)D$284.22532,519D
Common Stock87IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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. Bethge06/03/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

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.