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STOCK TITAN

[Form 4] Royal Caribbean Group Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Royal Caribbean Group director Vagn O. Sorensen reported a sale of 10,300 shares of Common Stock on 08/19/2025 at a price of $330.04 per share. After the sale, Sorensen beneficially owned 16,407 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/20/2025. The filing discloses a single non-derivative disposition and contains no derivative transactions or other material details.

Il direttore di Royal Caribbean Group, Vagn O. Sorensen, ha comunicato la vendita di 10,300 azioni ordinarie il 08/19/2025 al prezzo di $330.04 per azione. Dopo l’operazione, Sorensen risultava beneficiario di 16,407 azioni detenute direttamente. Il Modulo 4 è stato firmato da un procuratore il 08/20/2025. La comunicazione riporta una sola cessione non derivata e non contiene transazioni derivate o altri dettagli rilevanti.

El director de Royal Caribbean Group, Vagn O. Sorensen, informó la venta de 10,300 acciones ordinarias el 08/19/2025 a un precio de $330.04 por acción. Tras la venta, Sorensen poseía beneficiariamente 16,407 acciones, mantenidas directamente. El Formulario 4 fue firmado por un apoderado el 08/20/2025. La presentación revela una única disposición no derivada y no contiene transacciones derivadas ni otros detalles materiales.

Royal Caribbean Group� 이사 Vagn O. Sorensen은 08/19/2025� 보통� 10,300주를 주당 $330.04� 매도했다� 보고했습니다. 매각 � Sorensen은 직접 보유� 16,407주를 실질적으� 보유하고 있었습니�. Form 4� 08/20/2025� 대리인(법정대리인)� 의해 서명되었습니�. 해당 제출서에� 하나� 비파� 처분� 공개되어 있으� 파생상품 거래� 기타 주요 내용은 포함되어 있지 않습니다.

Le directeur de Royal Caribbean Group, Vagn O. Sorensen, a déclaré la vente de 10,300 actions ordinaires le 08/19/2025 au prix de $330.04 par action. Après la cession, Sorensen détenait bénéficiairement 16,407 actions, détenues directement. Le Formulaire 4 a été signé par un mandataire le 08/20/2025. Le dépôt révèle une seule cession non dérivée et ne contient pas de transactions dérivées ni d’autres détails significatifs.

Vagn O. Sorensen, Direktor der Royal Caribbean Group, meldete den Verkauf von 10,300 Stammaktien am 08/19/2025 zu einem Preis von $330.04 pro Aktie. Nach dem Verkauf besaß Sorensen wirtschaftlich 16,407 Aktien, die direkt gehalten wurden. Das Formular 4 wurde am 08/20/2025 von einem Bevollmächtigten unterzeichnet. Die Einreichung offenbart eine einzige nicht-derivative Veräußerung und enthält keine derivativen Transaktionen oder sonstige wesentliche Details.

Positive
  • None.
Negative
  • Director disposed of 10,300 RCL shares on 08/19/2025 at $330.04 per share, reducing direct holdings to 16,407 shares

Insights

TL;DR: A routine director sale of 10,300 RCL shares was disclosed; ownership remains modest at 16,407 shares, suggesting no major governance shift.

The Form 4 shows a single non-derivative sale executed on 08/19/2025 at $330.04 per share. The transaction reduced the reporting person's direct holdings to 16,407 shares. No option exercises, grants, or derivative positions were reported. This appears to be an ordinary insider sale rather than a structural change in ownership, and the filing includes an attorney-in-fact signature.

TL;DR: Director disclosed a standard Section 16 sale; disclosure is complete for the reported transaction and shows continued direct ownership.

The disclosure satisfies Section 16 reporting for a director-initiated disposition. The absence of additional transactions, amendments, or 10b5-1 plan notation in the form suggests this was a single, reportable sale rather than part of a broader patterned plan noted on the face of the filing. Beneficial ownership remains with the director, and no indirect holdings or derivative instruments are indicated.

Il direttore di Royal Caribbean Group, Vagn O. Sorensen, ha comunicato la vendita di 10,300 azioni ordinarie il 08/19/2025 al prezzo di $330.04 per azione. Dopo l’operazione, Sorensen risultava beneficiario di 16,407 azioni detenute direttamente. Il Modulo 4 è stato firmato da un procuratore il 08/20/2025. La comunicazione riporta una sola cessione non derivata e non contiene transazioni derivate o altri dettagli rilevanti.

El director de Royal Caribbean Group, Vagn O. Sorensen, informó la venta de 10,300 acciones ordinarias el 08/19/2025 a un precio de $330.04 por acción. Tras la venta, Sorensen poseía beneficiariamente 16,407 acciones, mantenidas directamente. El Formulario 4 fue firmado por un apoderado el 08/20/2025. La presentación revela una única disposición no derivada y no contiene transacciones derivadas ni otros detalles materiales.

Royal Caribbean Group� 이사 Vagn O. Sorensen은 08/19/2025� 보통� 10,300주를 주당 $330.04� 매도했다� 보고했습니다. 매각 � Sorensen은 직접 보유� 16,407주를 실질적으� 보유하고 있었습니�. Form 4� 08/20/2025� 대리인(법정대리인)� 의해 서명되었습니�. 해당 제출서에� 하나� 비파� 처분� 공개되어 있으� 파생상품 거래� 기타 주요 내용은 포함되어 있지 않습니다.

Le directeur de Royal Caribbean Group, Vagn O. Sorensen, a déclaré la vente de 10,300 actions ordinaires le 08/19/2025 au prix de $330.04 par action. Après la cession, Sorensen détenait bénéficiairement 16,407 actions, détenues directement. Le Formulaire 4 a été signé par un mandataire le 08/20/2025. Le dépôt révèle une seule cession non dérivée et ne contient pas de transactions dérivées ni d’autres détails significatifs.

Vagn O. Sorensen, Direktor der Royal Caribbean Group, meldete den Verkauf von 10,300 Stammaktien am 08/19/2025 zu einem Preis von $330.04 pro Aktie. Nach dem Verkauf besaß Sorensen wirtschaftlich 16,407 Aktien, die direkt gehalten wurden. Das Formular 4 wurde am 08/20/2025 von einem Bevollmächtigten unterzeichnet. Die Einreichung offenbart eine einzige nicht-derivative Veräußerung und enthält keine derivativen Transaktionen oder sonstige wesentliche Details.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sorensen Vagn O

(Last) (First) (Middle)
C/O ROYAL CARIBBEAN CRUISES LTD.
1050 CARIBBEAN WAY

(Street)
MIAMI FL 33132

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ROYAL CARIBBEAN CRUISES LTD [ RCL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/19/2025 S 10,300 D $330.04 16,407 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Indira Sordo, Attorney-in-Fact for Vagn O. Sorensen 08/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Vagn O. Sorensen report on Form 4 for RCL?

The filing reports a sale of 10,300 shares of Royal Caribbean Common Stock on 08/19/2025 at $330.04 per share.

How many RCL shares does the reporting person own after the transaction?

After the reported sale, the reporting person beneficially owned 16,407 shares of RCL.

Were any derivative securities (options, warrants) reported in this Form 4?

No. Table II shows no derivative securities were acquired, disposed of, or beneficially owned in this filing.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Indira Sordo, Attorney-in-Fact for Vagn O. Sorensen on 08/20/2025.

Does the filing indicate the sale was made under a 10b5-1 trading plan?

The form does not indicate that the transaction was executed pursuant to a 10b5-1 plan.
Royal Caribbean Group

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89.66B
270.90M
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Travel Services
Water Transportation
United States
MIAMI