Royal Caribbean (RCL) Director Tara Bunch Receives 683 RSU Award

What Happened Tara Bunch, a director of Royal Caribbean Cruises Ltd. (RCL), was granted an award of 683 shares underlying restricted stock units (RSUs) on July 31, 2026. The RSUs were reported as acquired at $0.00 (transaction code A — award/grant). The award will convert into common shares upon vesting; the filing does not report an immediate cash value because the units vest in the future.

Key Details

• Transaction date: 2026-07-31; Form 4 filed: 2026-08-03 (timely).
• Amount: 683 RSUs acquired at $0.00 (award/grant).
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs granted under the 2008 Equity Incentive Plan; vesting occurs the earlier of (i) May 28, 2027, or (ii) the date of the Issuer's 2027 Annual Meeting of Shareholders (Footnote F1).
• Transaction type code: A = Award/Grant of restricted stock units.

Context RSUs represent a promise to deliver shares if and when they vest; they are commonly used for director and executive compensation and do not involve an open-market purchase or sale at grant. This award is a routine equity compensation event; it does not by itself indicate insider buying or selling intent. Monitor future Form 4s around the vesting date for any conversion to shares or subsequent sales.