Holtz Naftali 4
4 · ROYAL CARIBBEAN CRUISES LTD · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Royal Caribbean (RCL) CFO Naftali Holtz Sells Shares
What Happened Naftali Holtz, Chief Financial Officer of Royal Caribbean Cruises Ltd. (RCL), executed a series of open‑market sales on February 13, 2026 and also made a small gift. Holtz sold a total of 51,131 shares in multiple tranches at weighted‑average prices shown on the Form 4, generating approximately $16.74 million in proceeds. In addition, 750 shares were disposed of as a gift (no proceeds).
Key Details
- Transaction date: February 13, 2026 (Form filed same day — timely).
- Shares sold: 51,131 shares via multiple open‑market sale tranches; proceeds ≈ $16,739,936.
- Gift: 750 shares were gifted (transaction code G; $0 proceeds).
- Price range: tranche weighted‑averages reported per Form 4; actual executed prices across tranches ranged roughly from $322.60 to $332.33 per share (per footnotes F1–F11).
- Footnotes: Each sale tranche lists weighted‑average prices and price ranges; the filer offers to provide full breakdowns on request to the SEC or shareholders.
- Shares owned after transaction: Not provided in the data here — see the filed Form 4 for post‑transaction holdings.
- No 10b5‑1 plan, tax withholding, or option exercise noted in the supplied details.
Context
- These were outright sales (plus a small gift). Sales by executives are often routine liquidity or portfolio rebalancing; gifts are not necessarily a market sentiment signal. The transactions appear to be standard open‑market dispositions rather than option exercises or awards.
Insider Transaction Report
Form 4
Holtz Naftali
Chief Financial Officer
Transactions
- Gift
Common Stock
2026-02-13−750→ 79,247 total - Sale
Common Stock
[F1]2026-02-13$322.67/sh−200$64,534→ 79,047 total - Sale
Common Stock
[F2]2026-02-13$323.55/sh−1,880$608,274→ 77,167 total - Sale
Common Stock
[F3]2026-02-13$324.53/sh−2,378$771,732→ 74,789 total - Sale
Common Stock
[F4]2026-02-13$325.50/sh−6,104$1,986,852→ 68,685 total - Sale
Common Stock
[F5]2026-02-13$326.63/sh−9,172$2,995,850→ 59,513 total - Sale
Common Stock
[F6]2026-02-13$327.47/sh−11,035$3,613,631→ 48,478 total - Sale
Common Stock
[F7]2026-02-13$328.49/sh−12,710$4,175,108→ 35,768 total - Sale
Common Stock
[F8]2026-02-13$329.46/sh−5,792$1,908,232→ 29,976 total - Sale
Common Stock
[F9]2026-02-13$330.36/sh−815$269,243→ 29,161 total - Sale
Common Stock
[F10]2026-02-13$331.42/sh−856$283,696→ 28,305 total - Sale
Common Stock
[F11]2026-02-13$332.19/sh−189$62,784→ 28,116 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 $322.5975 to a high of $322.96. 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 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 $331.78.
- [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 $332.00 to a high of $332.325.
- [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 $323.08 to a high of $323.99.
- [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 $324.965.
- [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 $325.01 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 $326.99.
- [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 $327.985.
- [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 $328.98.
- [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 $329.855.
- [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 $330.055 to a high of $330.72.
Signature
/s/ Indira Sordo, Attorney-in-Fact for Naftali Holtz|2026-02-13