Wilhelmsen Arne Alexander 4

What Happened
Director Wilhelmsen Arne Alexander (via AWILHELMSEN AS) sold a total of 771,607 shares of Royal Caribbean Cruises Ltd. (RCL) in multiple open‑market transactions executed Feb 25–27, 2026, generating aggregate proceeds of approximately $243.6 million. Trades were executed in many blocks; largest single blocks included 156,628 shares at $318.64 ($49.9M), 152,515 shares at $310.78 ($47.4M), and 106,947 shares at $317.71 ($34.0M). Prices across the series ranged roughly from $310.00 to $320.96 per share.

Key Details

• Transaction dates: Feb 25, 26 and 27, 2026 (multiple open-market sales by AWILHELMSEN AS).
• Total sold: 771,607 shares for about $243,570,580.
• Price range: approximately $310.00 – $320.96 per share (weighted-average prices reported; detailed per-trade ranges provided in footnotes F1–F19).
• Shares owned after transactions: footnote F20 reports AWILHELMSEN AS holds 12,400,651 shares and AWILHELMSEN ASSET MANAGEMENT AS holds 4,035,259 shares (AWILHELMSEN AS has power to vote/dispose of the latter). The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
• Notable footnotes: several footnotes (F1–F19) state the reported prices are weighted averages for series of trades and provide the low/high ranges per day; the filer offers to provide full price-by-trade details on request (SEC staff or RCL security holder).
• Filing timeliness: Form 4 filed Feb 27, 2026, covering trades Feb 25–27 — no indication in the filing of a late (L) filing.

Context
These were outright open‑market sales (dispositions), which are common for insiders to manage holdings or liquidity; sales generally convey less direct insight into management’s view of future stock performance than purchases. The trades were executed by an entity (AWILHELMSEN AS) connected to the reporting person; the filing disclaims direct beneficial ownership beyond pecuniary interest.