VIK (NYSE) files Form 144 after 92.13M-share conversion with BofA
Rhea-AI Filing Summary
VIK submitted a Form 144 notice identifying ordinary shares tied to an automatic conversion of preference shares. The filing lists 92,133,600 ordinary shares as acquired upon automatic conversion on 05/03/2024. The broker listed is BofA Securities, Inc. and the NYSE is referenced.
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Insights
Form 144 reports a large converted-holdings sale notice; this is a routine resale filing.
Form 144 is a notice under Rule 144 that an affiliate or holder intends to offer or sell restricted or control securities. The excerpt states 92,133,600 ordinary shares were acquired on 05/03/2024 upon automatic conversion of preference shares.
Timing and sale mechanics are not described in the excerpt; subsequent broker reports or Form 4/Form 5 filings could show actual transactions. Future filings will clarify whether and how these shares are offered on the NYSE.