Liberty Jason T 4

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.