BETHGE LAURA H 4

What Happened

• Laura H. Bethge, President of Celebrity Cruises (a subsidiary/business unit of Royal Caribbean Cruises Ltd.), sold 7,854 shares of RCL stock in an open-market/private sale on February 17, 2026.
• The shares were disposed at $326.21 per share for a total proceeds of $2,562,053 (per the Form 4). This was a sale (disposition), not a purchase or option exercise.

Key Details

• Transaction date and price: 2026-02-17 at $326.21 per share.
• Shares sold: 7,854; Total value: $2,562,053 (as reported).
• Report type: Form 4 filed 2026-02-18 (timely filing).
• Post-transaction holdings: Not provided in the summary data here — see the full Form 4 for shares owned after the sale.
• Notable footnotes/plan: The filing notes an open-market/private sale (code S). No 10b5-1 plan, tax withholding, or other special footnotes were indicated in the provided details.

Context

• Sales by executives are common for liquidity, tax or diversification reasons and do not, by themselves, indicate company performance; purchases typically carry more informational weight for investors.
• For full context (total insider holdings, other recent insider trades, and whether this sale was part of a pre-arranged plan), review the complete Form 4 filing (accession 0001911466-26-000009).