Liberty Jason T 4
4 · ROYAL CARIBBEAN CRUISES LTD · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Royal Caribbean (RCL) CEO Jason T. Liberty Sells Shares
What Happened
Jason T. Liberty, President & CEO of Royal Caribbean Cruises Ltd. (RCL), disposed of a total of 90,910 shares in a series of open‑market sales executed on February 13, 2026, generating aggregate proceeds of approximately $29.71 million. The individual blocks showed weighted‑average per‑share prices between about $322.65 and $332.29 (footnotes indicate actual per‑trade prices ranged roughly $322.34 to $332.33).
Key Details
- Transaction date: February 13, 2026 (all trades executed that day). Transaction code: S (sale).
- Shares sold: 90,910 total across multiple blocks. Aggregate proceeds: ~$29,709,953.
- Per‑block weighted averages (examples from filing): $322.65, $323.38, $324.59, $325.54, $326.56, $327.48, $328.48, $329.47, $330.42, $331.38, $332.29. Footnotes F1–F11 provide the detailed price ranges for those series.
- Shares owned after the transaction: not specified in the provided excerpt of the filing (check the full Form 4 for post‑transaction holdings).
- Notable disclosures: sales were open‑market, executed same day; the filing includes footnotes noting weighted‑average prices and the ranges of actual prices. No 10b5‑1 plan, tax withholding, or late‑filing indication is shown in the excerpt.
Context
These are outright sales by the CEO and do not necessarily indicate his view of the company's prospects — executives sell for many routine reasons (diversification, taxes, liquidity). Purchases are typically viewed as a stronger bullish signal; factual reporting here documents material insider activity for investors to consider alongside other information about RCL.
Insider Transaction Report
Form 4
Liberty Jason T
President & CEO
Transactions
- Sale
Common Stock
[F1]2026-02-13$322.65/sh−3,889$1,254,786→ 305,843 total - Sale
Common Stock
[F2]2026-02-13$323.38/sh−4,641$1,500,807→ 301,202 total - Sale
Common Stock
[F3]2026-02-13$324.59/sh−9,024$2,929,100→ 292,178 total - Sale
Common Stock
[F4]2026-02-13$325.54/sh−14,258$4,641,549→ 277,920 total - Sale
Common Stock
[F5]2026-02-13$326.56/sh−16,158$5,276,556→ 261,762 total - Sale
Common Stock
[F6]2026-02-13$327.48/sh−14,389$4,712,110→ 247,373 total - Sale
Common Stock
[F7]2026-02-13$328.48/sh−15,724$5,165,020→ 231,649 total - Sale
Common Stock
[F8]2026-02-13$329.47/sh−10,186$3,355,981→ 221,463 total - Sale
Common Stock
[F9]2026-02-13$330.42/sh−1,481$489,352→ 219,982 total - Sale
Common Stock
[F10]2026-02-13$331.38/sh−840$278,359→ 219,142 total - Sale
Common Stock
[F11]2026-02-13$332.29/sh−320$106,333→ 218,822 total
Footnotes (11)
- [F1]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $322.34 to a high of $322.995. The reporting person undertakes to provide upon request of the SEC Staff or a Royal Caribbean Cruises Ltd. security holder full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1 -- 11 to this Form 4.
- [F10]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $331.055 to a high of $331.71.
- [F11]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $332.235 to a high of $332.33.
- [F2]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $323.00 to a high of $323.93.
- [F3]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $324.03 to a high of $324.995.
- [F4]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $325.00 to a high of $325.99.
- [F5]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $326.01 to a high of $326.965.
- [F6]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $327.00 to a high of $327.99.
- [F7]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $328.00 to a high of $328.99.
- [F8]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $329.00 to a high of $329.94.
- [F9]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 13, 2026. The actual sale prices ranged from a low of $330.12 to a high of $330.87.
Signature
/s/ Indira Sordo, Attorney-in-Fact for Jason T. Liberty|2026-02-13