Royal Caribbean (NYSE: RCL) SVP Lake reports insider share dispositions on Form 4

Rhea-AI Filing Summary

Royal Caribbean Cruises Ltd. senior executive Robert Alexander Lake reported three Form 4 transactions in company common stock. On February 7, 2026, a transaction coded “F” covered 320 shares at $338.60 per share. On February 8, 2026, another “F” transaction involved 388 shares at $338.60. On February 9, 2026, a further “F” transaction covered 844 shares at $345.405. After these dispositions, Lake directly beneficially owned 19,525 shares of Royal Caribbean common stock.

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

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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)
02/07/2026

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	02/07/2026		F		320	D	$338.6	20,757	D
Common Stock	02/08/2026		F		388	D	$338.6	20,369	D
Common Stock	02/09/2026		F		844	D	$345.405	19,525	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 Robert Alexander Lake	02/10/2026
	** 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 transaction did RCL executive Robert Alexander Lake report?

Robert Alexander Lake reported three Form 4 transactions involving Royal Caribbean Cruises Ltd. common stock, all coded “F.” These occurred on February 7, 8, and 9, 2026, and together involved share dispositions while leaving him with a remaining direct holding.

How many RCL shares did Robert Alexander Lake dispose of in these Form 4 filings?

The Form 4 shows dispositions of 320 shares on February 7, 388 shares on February 8, and 844 shares on February 9, 2026. All transactions involved Royal Caribbean common stock and were reported with transaction code “F.”

What is Robert Alexander Lake’s remaining RCL share ownership after these transactions?

After the reported Form 4 transactions, Robert Alexander Lake directly beneficially owned 19,525 shares of Royal Caribbean Cruises Ltd. common stock. This figure reflects his holdings immediately following the final “F” coded transaction on February 9, 2026.

What does transaction code "F" indicate in the RCL Form 4 for Robert Alexander Lake?

The Form 4 lists each Royal Caribbean common stock transaction with code “F” in the transaction code column. This code identifies the type of disposition reported, as used in standard Form 4 transaction reporting for insider equity-related movements.

Are Robert Alexander Lake’s RCL Form 4 transactions direct or indirect holdings?

The insider data show all three Royal Caribbean common stock transactions as direct (D) holdings. No nature of indirect beneficial ownership is indicated, and there are no footnotes reallocating voting or investment authority to another entity.

What prices per share are reported in Robert Alexander Lake’s RCL Form 4?

The Form 4 reports prices of $338.60 per share for the February 7 and 8, 2026 transactions and $345.405 per share for the February 9, 2026 transaction, all involving Royal Caribbean common stock.