Royal Caribbean: Richard Fain trust gifts 5,605 shares

Q: How many RCL shares did the Richard Fain Family Trust gift?

The Richard Fain Family Trust reported a gift transfer of 5,605 RCL common shares on November 2, 2026, and its reported post-transaction holding was 47,090 shares.

Monument Capital Corporation was listed as nominee for trusts holding 210,706 shares; The Montana Trust held 5,500 shares.

Available on EDGAR 11/04/2026 - 04:40 PM EST Accepted by SEC EDGAR 11/04/2026 - 04:40 PM EST

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Form Type

Rhea-AI Filing Summary

Royal Caribbean Cruises Ltd. director Richard D. Fain reported a gift transfer of 5,605 common shares held indirectly through the Richard Fain Family Trust on November 2, 2026. The trust’s reported post-transaction holding was 47,090 shares. Separately, Fain held 151,122 common shares directly. No Rule 10b5-1 plan is reported.

Insider Trade Summary

5,605 shares gifted

Gift 1 txn

Insider Fain Richard D

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock	5,605	$0.00	$0.00
Holding	Common Stock	--	--	--
Holding	Common Stock ^{F1, F2}	--	--	--
Holding	Common Stock ^{F1, F3}	--	--	--

Holdings After Transaction: Common Stock — 47,090 shares (Indirect, Richard Fain Family Trust); Common Stock — 151,122 shares (Direct); Common Stock — 210,706 shares (Indirect, See Footnotes); Common Stock — 5,500 shares (Indirect, See Footnotes.)

Footnotes (3)

F1. The reporting person disclaims beneficial ownership of some or all of these shares.
F2. Shares owned by Monument Capital Corporation as nominee for various trusts primarily for the benefit of certain members of the Fain family.
F3. Shares owned by The Montana Trust primarily for the benefit of certain members of the Fain family.

Key Figures

Gift transfer: 5,605 shares Trust shares after transaction: 47,090 shares Direct common shares: 151,122 shares +2 more

5 metrics

Gift transfer 5,605 shares Common shares held indirectly through the Richard Fain Family Trust on November 2, 2026

Trust shares after transaction 47,090 shares Reported post-transaction holding of the Richard Fain Family Trust

Direct common shares 151,122 shares Held directly by Richard D. Fain as of November 2, 2026

Shares held by trusts represented by nominee 210,706 shares Held by Monument Capital Corporation as nominee for various trusts as of November 2, 2026; some or all shares are disclaimed as beneficially owned by Richard D. Fain

The Montana Trust shares 5,500 shares Reported holding as of November 2, 2026; some or all shares are disclaimed as beneficially owned by Richard D. Fain

Key Terms

Bona fide gift, beneficial ownership, nominee

3 terms

Bona fide gift financial

"Bona fide gift"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

beneficial ownership regulatory

"disclaims beneficial ownership of some or all of these shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

nominee financial

"owned by Monument Capital Corporation as nominee"

FAQ

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

How many RCL shares did the Richard Fain Family Trust gift?

The Richard Fain Family Trust reported a gift transfer of 5,605 RCL common shares on November 2, 2026, and its reported post-transaction holding was 47,090 shares.

What other RCL shares were reported through trusts?

As of November 2, 2026, Monument Capital Corporation was listed as nominee for various trusts holding 210,706 shares, and The Montana Trust held 5,500 shares. Richard D. Fain disclaimed beneficial ownership of some or all of those shares.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Fain Richard D

(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)
11/02/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/02/2026		G		5,605	D	$0	47,090	I	Richard Fain Family Trust
Common Stock								151,122	D
Common Stock								210,706	I	See Footnotes⁽¹⁾⁽²⁾
Common Stock								5,500	I	See Footnotes.⁽¹⁾⁽³⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of some or all of these shares.

2. Shares owned by Monument Capital Corporation as nominee for various trusts primarily for the benefit of certain members of the Fain family.

3. Shares owned by The Montana Trust primarily for the benefit of certain members of the Fain family.

Remarks:

	/s/ Indira Sordo, Attorney-in-Fact for Richard D. Fain	11/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR