SEC Form 4
Royal Caribbean Group (RCL) insider trading
In the 12 months to Oct 23, 2026, 7 RCL insiders reported open-market sales of $631.0M across 12 filings; no open-market purchases were filed.
Latest filing · Last 12 months · Source: SEC EDGAR · How we count
- Open-market sales
- $631.0M
- 12 filings · 7 insiders
- Open-market purchases
- $0
- 0 filings
Who traded RCL, and when
- Sale
RCL daily close from Oct 23, 2025 to Oct 23, 2026, between $230.30 and $348.03, last $277.62. 12 sale and 0 purchase filings by 7 insiders, marked at their filing dates. Arne Alexander Wilhelmsen, Director: sold $549.6M across 4 filings, first filed Feb 18, 2026, last Feb 27, 2026. Michael W. Bayley, Pres&CEO, Royal Caribbean Intl: sold $30.2M across 2 filings, first filed Feb 13, 2026, last Jul 31, 2026. Jason T. Liberty, President & CEO: sold $29.7M across 1 filing, first filed Feb 13, 2026, last Feb 13, 2026. Naftali Holtz, Chief Financial Officer: sold $16.7M across 1 filing, first filed Feb 13, 2026, last Feb 13, 2026. Laura H. Bethge, President, Celebrity Cruises: sold $2.6M across 1 filing, first filed Feb 18, 2026, last Feb 18, 2026. Henry L. Pujol, Chief Accounting Officer: sold $1.5M across 1 filing, first filed Feb 13, 2026, last Feb 13, 2026. Maritza Gomez Montiel, Director: sold $763.1K across 2 filings, first filed Nov 4, 2025, last Feb 18, 2026.
Largest mark · tap a row for others
Arne Alexander Wilhelmsen · Director
Filing 1 of 3 within a week · $306,040,496 total
Sale $91,172,995
280,000 shares at $325.62 avg
Filed Feb 18, 2026 · traded Feb 13
Close on filing date $318.82
Arne Alexander Wilhelmsen · Director
Director
$549.6M soldMichael W. Bayley · Pres&CEO, Royal Caribbean Intl
Pres&CEO, Royal Caribbean Intl
$30.2M soldJason T. Liberty · President & CEO
President & CEO
$29.7M soldNaftali Holtz · Chief Financial Officer
Chief Financial Officer
$16.7M soldLaura H. Bethge · President, Celebrity Cruises
President, Celebrity Cruises
$2.6M soldHenry L. Pujol · Chief Accounting Officer
Chief Accounting Officer
$1.5M soldMaritza Gomez Montiel · Director
Director
$763.1K soldHas Royal Caribbean Group's CEO sold stock?
Yes. Michael W. Bayley (CEO) sold 92,811 shares ($30.2M) between Feb 2026 and Jul 2026. Jason T. Liberty (CEO) sold 90,910 shares ($29.7M) in Feb 2026.
Open-market trades
12 filings in the last 12 months| Insider | Role | Sold | Bought | Filings | Pre-arranged (10b5-1) | Last filed |
|---|---|---|---|---|---|---|
| Arne Alexander Wilhelmsen | Director | $549.6M | — | 4 | — | |
| Michael W. Bayley | Pres&CEO, Royal Caribbean Intl | $30.2M | — | 2 | — | |
| Jason T. Liberty | President & CEO | $29.7M | — | 1 | — | |
| Naftali Holtz | Chief Financial Officer | $16.7M | — | 1 | — | |
| Laura H. Bethge | President, Celebrity Cruises | $2.6M | — | 1 | — | |
| Henry L. Pujol | Chief Accounting Officer | $1.5M | — | 1 | — | |
| Maritza Gomez Montiel | Director | $763.1K | — | 2 | — |
| Filed | Insider | Type | Shares | Avg price | Value | Held after | Source |
|---|---|---|---|---|---|---|---|
traded | Michael W. Bayley Pres&CEO, Royal Caribbean Intl | Sale | 12,811 | $315.99 | $4.0M | 45,297 | |
traded | Arne Alexander Wilhelmsen Director | Sale | 771,607 | $315.67 | $243.6M | 16,528,871 | |
traded | Arne Alexander Wilhelmsen Director | Sale | 473,548 | $315.58 | $149.4M | 17,531,252 | |
traded | Arne Alexander Wilhelmsen Director | Sale | 206,442 | $316.92 | $65.4M | 17,704,580 | |
traded | Arne Alexander Wilhelmsen Director | Sale | 280,000 | $325.62 | $91.2M | 18,037,130 | |
traded | Maritza Gomez Montiel Director | Sale | 1,385 | $327.18 | $453.1K | 12,849 | |
traded | Laura H. Bethge President, Celebrity Cruises | Sale | 7,854 | $326.21 | $2.6M | 32,786 | |
traded | Henry L. Pujol Chief Accounting Officer | Sale | 4,442 | $327.99 | $1.5M | 10,067 | |
traded | Michael W. Bayley Pres&CEO, Royal Caribbean Intl | Sale | 80,000 | $326.82 | $26.1M | 69,235 | |
traded | Jason T. Liberty President & CEO | Sale | 90,910 | $326.81 | $29.7M | 292,178 | |
traded | Naftali Holtz Chief Financial Officer | Sale | 51,131 | $327.39 | $16.7M | 28,305 | |
traded | Maritza Gomez Montiel Director | Sale | 1,100 | $281.76 | $309.9K | 14,234 |
GET /stocks/filings/vX/form-4?tickers=RCL&filing_date.gte=2025-10-23&sort=filing_date.desc&limit=500{
"status": "OK",
"results": [
{
"tickers": [
"RCL"
],
"issuer_cik": "0000884887",
"owner_cik": "0001492662",
"accession_number": "0001492662-26-000009",
"form_type": "4",
"filing_date": "2026-07-31",
"period_of_report": "2026-07-29",
"issuer_name": "ROYAL CARIBBEAN CRUISES LTD",
"issuer_trading_symbol": "RCL",
"owner_name": "Bayley Michael W",
"is_director": false,
"is_officer": true,
"is_ten_percent_owner": false,
"is_other": false,
"officer_title": "Pres&CEO, Royal Caribbean Intl",
"security_type": "non_derivative",
"record_type": "transaction",
"security_title": "Common Stock",
"transaction_timeliness": "O",
"aff_10b5_one": false,
"transaction_date": "2026-07-29",
"transaction_code": "S",
"equity_swap_involved": false,
"transaction_shares": 12811,
"transaction_price_per_share": 315.99,
"transaction_acquired_disposed": "D",
"shares_owned_following_transaction": 45297,
"transaction_value": 4048147.89,
"not_subject_to_section_16": false,
"direct_or_indirect": "D"
},
{
"tickers": [
"RCL"
],
"issuer_cik": "0000884887",
"owner_cik": "0001317345",
"accession_number": "0001317345-26-000013",
"form_type": "4",
"filing_date": "2026-02-27",
"period_of_report": "2026-02-25",
"issuer_name": "ROYAL CARIBBEAN CRUISES LTD",
"issuer_trading_symbol": "RCL",
"owner_name": "Wilhelmsen Arne Alexander",
"is_director": true,
"is_officer": false,
"is_ten_percent_owner": false,
"is_other": false,
"security_type": "non_derivative",
"record_type": "transaction",
"security_title": "Common Stock",
"transaction_timeliness": "O",
"aff_10b5_one": false,
"transaction_date": "2026-02-25",
"transaction_code": "S",
"equity_swap_involved": false,
"transaction_shares": 9724,
"transaction_price_per_share": 315.16,
"transaction_acquired_disposed": "D",
"shares_owned_following_transaction": 17142282,
"transaction_value": 3064615.8400000003,
"not_subject_to_section_16": false,
"direct_or_indirect": "I",
"nature_of_ownership": "See Footnote",
"footnotes": [
{
"id": "F3",
"description": "Represents the weighted-average sale price per share of a series of transactions conducted by AWILHELMSEN AS, all of which were executed on February 25, 2026. The actual sale prices ranged from a low of $314.74 to a high of $315.65."
}
]
}
]
}
// trimmed to 2 resultsThe response includes every Form 4 record; this page keeps open-market purchases and sales on common stock and removes duplicate joint-filer rows.
Other insider activity (not market trades) · 68 records
- Tax withholding39 records
- Grants and awards27 records
- Gifts2 records
Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.
Build this yourself
This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:
Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for RCL every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.
How to read this page
- Open-market purchase or sale
- A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
- Filing date
- Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.