Royal Caribbean (RCL) legal chief reports new stock awards and tax withholdings

Rhea-AI Filing Summary

Royal Caribbean Cruises Ltd. senior executive Robert Alexander Lake reported equity compensation and related tax withholdings in company stock. On 02/10/2026, he acquired 28,767 shares underlying performance shares and 1,743 shares underlying restricted stock units at $0 under the 2008 Equity Incentive Plan.

On the same date, 11,319 shares were withheld at $345.405 per share to cover tax obligations, and on 02/12/2026 a further 267 shares were withheld at $337.84 tied to RSU vesting. After these transactions, Lake directly owned 38,449 common shares.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Lake Robert Alexander

Role SVP, CLO, Secretary & CCO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	267	$337.84	$90K
Grant/Award	Common Stock	28,767	$0.00	--
Tax Withholding	Common Stock	11,319	$345.405	$3.91M
Grant/Award	Common Stock	1,743	$0.00	--

Holdings After Transaction: Common Stock — 38,449 shares (Direct)

Footnotes (1)

1. Represents shares of common stock underlying performance shares granted pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability as 02/10/2026. Represents shares of common stock underlying restricted stock units granted pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. 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 02/12/2026.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Lake Robert Alexander

(Last) (First) (Middle)

ROYAL CARIBBEAN CRUISES LTD.

1050 CARIBBEAN WAY

(Street)

MIAMI FL 33132

(City) (State) (Zip)

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)
	SVP, CLO, Secretary & CCO

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

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

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

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

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	02/10/2026		A		28,767(1)	A	$0	48,292	D
Common Stock	02/10/2026		F		11,319(2)	D	$345.405	36,973	D
Common Stock	02/10/2026		A		1,743(3)	A	$0	38,716	D
Common Stock	02/12/2026		F		267(4)	D	$337.84	38,449	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 performance shares granted pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended.

2. Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability as 02/10/2026.

3. Represents shares of common stock underlying restricted stock units granted pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended.

4. 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 02/12/2026.

Remarks:

	/s/ Indira Sordo, Attorney-in-Fact for Robert Alexander Lake	02/12/2026
	** 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.

FAQ

What insider transactions did RCL executive Robert Alexander Lake report on this Form 4?

Robert Alexander Lake reported equity grants and tax-related share withholdings. He received performance share and restricted stock unit-based common shares, while Royal Caribbean Cruises Ltd. withheld other shares to satisfy his tax liabilities tied to these awards and vesting events.

How many Royal Caribbean (RCL) shares did Robert Alexander Lake acquire in equity awards?

Lake acquired 28,767 common shares underlying performance shares and 1,743 common shares underlying restricted stock units. Both awards were granted at a price of $0 under Royal Caribbean Cruises Ltd.’s 2008 Equity Incentive Plan, as amended, reflecting stock-based compensation rather than open-market purchases.

How many RCL shares were withheld to cover Robert Alexander Lake’s tax obligations?

Royal Caribbean Cruises Ltd. withheld 11,319 common shares on 02/10/2026 at $345.405 per share and 267 shares on 02/12/2026 at $337.84 per share. These withholdings were used to satisfy Lake’s tax liabilities arising from equity grants and RSU vesting.

What is Robert Alexander Lake’s role at Royal Caribbean Cruises Ltd. (RCL)?

Robert Alexander Lake is an officer of Royal Caribbean Cruises Ltd., serving as SVP, Chief Legal Officer, Secretary, and Chief Compliance Officer. The Form 4 confirms his status as an officer but not as a director or 10% beneficial owner of the company.

How many Royal Caribbean (RCL) shares does Robert Alexander Lake own after these transactions?

Following the reported transactions, Lake directly owns 38,449 shares of Royal Caribbean Cruises Ltd. common stock. This figure reflects the net amount after factoring in both the equity awards he received and the shares withheld by the company for associated tax obligations.

What plan governs the equity awards reported by Robert Alexander Lake in RCL stock?

The equity awards are granted under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. The Form 4 notes that both the performance share-based stock and the restricted stock unit-based stock reported for Lake arise from this long-term incentive compensation plan.