STOCK TITAN

VIK (NYSE) files Form 144 after 92.13M-share conversion with BofA

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.

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.

Converted ordinary shares 92,133,600 shares acquired upon automatic conversion of preference shares on <date>05/03/2024</date>
Quantity listed in securities line 8,900,000 figure shown adjacent to broker entry (Securities Information line)
Amount listed $765,934,000.00 numeric value appearing in the Securities Information line
automatic conversion corporate
"The Ordinary Shares reported herein were acquired upon the automatic conversion of preference shares"
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
NYSE market
"05/19/2026 | NYSE 144: Securities To Be Sold"
A large, regulated marketplace where stocks and other securities are listed and traded, acting like a global auction house that matches buyers and sellers and helps determine share prices. It matters to investors because listing and trading there provide liquidity, price discovery, and regulatory oversight—making it easier to buy or sell holdings and giving companies a visible platform that can affect credibility and access to capital.

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

FAQ

What does the VIK Form 144 disclose about converted shares?

It discloses 92,133,600 ordinary shares were acquired upon automatic conversion of preference shares on 05/03/2024. The filing lists a broker, BofA Securities, Inc., and references the NYSE.

Does the Form 144 state who will receive proceeds from any sale for VIK?

The excerpt does not state proceeds recipients. The notice identifies the converted ordinary shares and the broker (BofA Securities, Inc.); cash‑flow treatment is not specified in the provided excerpt.

When were the ordinary shares reported in the VIK filing acquired?

The shares were acquired upon automatic conversion of preference shares on 05/03/2024, as stated in the filing. The filing lists 92,133,600 ordinary shares tied to that conversion.

Is the filing evidence that the converted shares have been sold on the market?

No. The Form 144 notice signals an intention or qualification to sell under Rule 144; it does not confirm completed market sales. Subsequent broker or SEC filings would show executed transactions.

Which broker is named in the VIK Form 144 filing?

The filing names BofA Securities, Inc., One Bryant Park, New York, NY as the broker associated with the securities line. The NYSE is also referenced in the excerpt.