Royal Caribbean (NYSE: RCL) president sells 12,811 common shares

Rhea-AI Filing Summary

ROYAL CARIBBEAN CRUISES LTD executive Michael W. Bayley, president and CEO of Royal Caribbean International, reported selling 12,811 shares of Common Stock on 2026-07-29 at $315.99 per share. After this open-market sale, he directly owns 45,297 Royal Caribbean shares.

Insider Trade Summary

Net Seller: 12,811 shares

Net Sell 1 txn

Insider Bayley Michael W

Role Pres&CEO, Royal Caribbean Intl

Sold 12,811 shs ($4.05M)

Type	Security	Shares	Price	Value
Sale	Common Stock	12,811	$315.99	$4.05M

Holdings After Transaction: Common Stock — 45,297 shares (Direct)

Key Figures

Shares sold: 12,811 shares Sale price: $315.99 per share Shares owned after sale: 45,297 shares +1 more

4 metrics

Shares sold 12,811 shares Common Stock sale on 2026-07-29

Sale price $315.99 per share Price for Common Stock sold on 2026-07-29

Shares owned after sale 45,297 shares Direct Common Stock holdings following the reported sale

Net shares sold 12,811 shares Net sell direction from transactionSummary

Key Terms

Form 4, Sale in open market or private transaction, direct or indirect

3 terms

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Sale in open market or private transaction financial

"transaction_code_description: "Sale in open market or private transaction""

direct or indirect regulatory

"direct_or_indirect uses D/I for Direct/Indirect ownership type"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/31/2026 - 04:37 PM Accepted by SEC EDGAR 07/31/2026 - 04:36 PM Learn about SEC filing dates

FAQ

What insider transaction did RCL report for Michael W. Bayley?

ROYAL CARIBBEAN CRUISES LTD reported that Michael W. Bayley sold 12,811 shares of Common Stock on 2026-07-29 at $315.99 per share, as disclosed in the latest Form 4 insider filing.

How many RCL shares does Michael W. Bayley hold after this Form 4 sale?

Following the reported sale, Michael W. Bayley directly holds 45,297 shares of ROYAL CARIBBEAN CRUISES LTD Common Stock, according to the Form 4 filed for the 2026-07-29 transaction.

What was the sale price in Michael W. Bayley’s RCL stock transaction?

The Form 4 shows that 12,811 RCL Common Stock shares were sold at a price of $315.99 per share. The transaction is reported as a sale in an open market or private transaction.

What role does Michael W. Bayley hold at RCL in this Form 4?

The reporting person, Michael W. Bayley, is identified as President & CEO, Royal Caribbean International. His role is specified in the Form 4 as an officer of ROYAL CARIBBEAN CRUISES LTD.

Is the reported RCL transaction a purchase or sale of shares?

The Form 4 for ROYAL CARIBBEAN CRUISES LTD reports a sale of Common Stock, coded as transaction type S, indicating a sale in an open market or private transaction of 12,811 shares.

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^*

Bayley Michael W

(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)
	Pres&CEO, Royal Caribbean Intl

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

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	07/29/2026		S		12,811	D	$315.99	45,297	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:

Remarks:

	/s/ Indira Sordo, Attorney-in-Fact for Michael W. Bayley	07/31/2026
	** 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)