Royal Caribbean (NYSE: RCL) director receives 831-share RSU grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Ofer Eyal reported acquisition or exercise transactions in this Form 4 filing.

Royal Caribbean Cruises Ltd director Ofer Eyal received an equity award of 831 shares of common stock in the form of restricted stock units. The grant was made at no cash cost to him and is part of the company’s 2008 Equity Incentive Plan.

These RSUs will vest on the earlier of May 28, 2027, or the date of Royal Caribbean’s 2027 Annual Meeting of Shareholders. Following this award, Eyal’s direct holdings total 43,756 shares of common stock, reflecting routine director compensation rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ofer Eyal

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	831	$0.00	--

Holdings After Transaction: Common Stock — 43,756 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 831 shares Post-transaction holdings: 43,756 shares RSU vesting date: May 28, 2027

3 metrics

RSU grant size 831 shares Restricted stock units granted to director Ofer Eyal

Post-transaction holdings 43,756 shares Total direct common stock holdings after RSU grant

RSU vesting date May 28, 2027 Latest vesting date or earlier 2027 Annual Meeting of Shareholders

Key Terms

restricted stock units ("RSUs"), 2008 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 pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan"

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.

2008 Equity Incentive Plan financial

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

Annual Meeting of Shareholders financial

"The shares underlying the RSUs vest the earlier of May 28, 2027, or the date of 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.

Form 4 Insider Transactions: What Each Field Means →

05/29/2026 - 04:50 PM

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^*

Ofer Eyal

(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)
05/28/2026

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	05/28/2026		A		831⁽¹⁾	A	$0	43,756	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)
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. 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 Eyal Ofer	05/29/2026
	** 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

FAQ

What did Royal Caribbean (RCL) director Ofer Eyal report in this Form 4?

Director Ofer Eyal reported receiving an equity award of 831 Royal Caribbean common shares as restricted stock units. The grant is compensation under the 2008 Equity Incentive Plan and was not an open-market stock purchase or sale.

How many Royal Caribbean (RCL) shares did Ofer Eyal acquire in this grant?

Ofer Eyal acquired 831 shares of Royal Caribbean common stock through restricted stock units. These shares represent a board compensation grant, with no cash price per share listed, rather than a market transaction on a stock exchange.

When do Ofer Eyal’s new Royal Caribbean (RCL) RSUs vest?

The 831 restricted stock units vest on the earlier of May 28, 2027, or the date of Royal Caribbean’s 2027 Annual Meeting of Shareholders. Vesting means the units convert into actual shares that the director fully owns.

What is Ofer Eyal’s total Royal Caribbean (RCL) shareholding after this Form 4 transaction?

After the RSU grant, Ofer Eyal directly holds 43,756 Royal Caribbean common shares. This total includes the newly awarded 831-share restricted stock unit grant as part of his overall equity position in the company.

Was this Royal Caribbean (RCL) Form 4 a stock purchase or sale by Ofer Eyal?

This Form 4 does not report a stock purchase or sale. It reports a grant of 831 restricted stock units at no stated cash price, representing non-cash director compensation under Royal Caribbean’s equity incentive plan.

Under which plan were Ofer Eyal’s Royal Caribbean (RCL) RSUs granted?

The 831 restricted stock units were granted under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. This plan governs equity-based compensation awards such as RSUs for directors and other eligible participants.