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Viking Holdings Ltd (NYSE: VIK) sees $1B shareholder sale planned

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(Neutral)
Form Type
144

Rhea-AI Filing Summary

Viking Holdings Ltd (VIK) is the issuer of Ordinary Shares, $0.01 par value per share, for which CPP Investment Board PMI-3 Inc. has filed a notice of proposed sale under Rule 144. The filing lists 11,244,744 Ordinary Shares proposed to be sold through BofA Securities, Inc., with an aggregate market value of $1,043,399,795.76, and states that 318,867,000 Ordinary Shares were outstanding. The shares were acquired on 05/03/2024 through an automatic conversion of preference shares of Viking Holdings Ltd into Ordinary Shares.

Positive

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Negative

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Number of Ordinary Shares to be sold 11,244,744 shares Proposed sale of Viking Holdings Ltd Ordinary Shares under Rule 144
Aggregate market value of shares to be sold $1,043,399,795.76 Value of 11,244,744 Ordinary Shares proposed to be sold
Shares outstanding 318,867,000 shares Ordinary Shares of Viking Holdings Ltd stated as outstanding
Shares acquired via conversion 92,133,600 shares Ordinary Shares acquired on 05/03/2024 upon automatic conversion of preference shares
Approximate date of sale 08/24/2026 Planned date for proposed Rule 144 sale
Date of acquisition 05/03/2024 Acquisition date for Ordinary Shares via conversion of preference shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"11244744 | 1043399795.76 | 318867000"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
automatic conversion financial
"The Ordinary Shares reported herein were acquired upon the automatic conversion of preference"
preference shares financial
"automatic conversion of preference shares of the Issuer into Ordinary Shares."
Preference shares are a type of company stock that pays owners a fixed or regularly prioritized payout, similar to receiving steady interest from a savings account, while still representing ownership. They usually get paid dividends before regular (common) shareholders and have priority if the company distributes assets, but often carry limited voting rights and less upside if the company’s value soars. Investors care because preference shares trade off growth potential for steadier income and greater safety in payouts.
par value financial
"Ordinary Shares, $0.01 par value per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

FAQ

What does the Form 144 filed for VIK disclose about planned share sales?

The Form 144 discloses a planned sale under Rule 144 of 11,244,744 Ordinary Shares of Viking Holdings Ltd (VIK) by CPP Investment Board PMI-3 Inc., to be sold through BofA Securities, Inc. on or about 08/24/2026.

What is the aggregate market value of the VIK shares covered by this Form 144?

The notice lists an aggregate market value of $1,043,399,795.76 for the 11,244,744 Ordinary Shares of Viking Holdings Ltd proposed to be sold under Rule 144.

How many Viking Holdings Ltd (VIK) shares are stated as outstanding in the Form 144?

The Form 144 states that 318,867,000 Ordinary Shares of Viking Holdings Ltd were outstanding, providing context for the 11,244,744 shares proposed to be sold.

Who is the person on whose behalf VIK shares are to be sold in this Form 144?

The shares are to be sold for the account of CPP Investment Board PMI-3 Inc., identified as the shareholder whose securities of Viking Holdings Ltd are proposed to be sold under Rule 144.

How and when were the VIK shares in this Form 144 originally acquired?

The Ordinary Shares were acquired on 05/03/2024 upon the automatic conversion of preference shares of the issuer into Ordinary Shares of Viking Holdings Ltd.

Which broker is named in the Form 144 for selling VIK shares?

The broker named is BofA Securities, Inc., located at One Bryant Park, New York, NY, which is listed to handle the proposed sale of 11,244,744 Viking Holdings Ltd Ordinary Shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature