[144] Viking Holdings Ltd SEC Filing

Rhea-AI Filing Summary

Viking Holdings Ltd (VIK) – Form 144 overview: The filing discloses that insider Jeffrey Dash has notified the SEC of his intent to sell up to 25,000 ordinary shares of Viking Holdings through broker Morgan Stanley Smith Barney LLC. The proposed sale, scheduled for 01 July 2025, carries an aggregate market value of $1.33 million, based on prevailing market prices. Viking currently has 314,950,576 shares outstanding; the new sale therefore represents roughly 0.008 % of total shares.

Recent 10b5-1 activity: The same account has conducted four 10b5-1 sales in the last three weeks, totaling 150,000 shares for gross proceeds of $7.33 million (06/12/2025–06/26/2025). Including the newly noticed shares, cumulative planned and completed sales over the period reach 175,000 shares, or about 0.055 % of shares outstanding.

Key contextual points for investors:

• The filing is solely a notice of intention; the sale may or may not occur, but the insider must file if the sale could exceed Rule 144 thresholds.
• Sales are being made under a pre-arranged Rule 10b5-1 plan, which can mitigate concerns of trading on undisclosed information.
• The dollar amounts are modest relative to Viking’s equity base, yet a pattern of insider liquidation—even in small increments—can influence sentiment, particularly for newly public or thinly traded stocks.

Positive

• Disclosure transparency: Filing under Rule 144 provides investors timely insight into insider intentions.
• Minimal dilution risk: Planned sale equals approximately 0.008 % of shares outstanding, posing no structural impact on float or control.

Negative

• Continued insider selling: 175,000 shares planned/sold in June-July may signal reduced insider conviction.
• Potential sentiment drag: Even small insider sales can pressure share price in the short term, especially when clustered.

Insights

Equity Research Analyst

TL;DR Insider files to sell 25k shares; pattern of recent sales may weigh on sentiment, but size is immaterial to float.

Form 144 confirms Jeffrey Dash’s intention to dispose of another 25k VIK shares (~$1.3 M). Adding prior 150k shares recently sold, his total liquidity event reaches 175k shares. While sales represent only ~0.06 % of shares outstanding and are executed under a 10b5-1 plan, repeated insider selling within a short window can act as an overhang for momentum-driven investors. Fundamentally, the transaction is not large enough to alter ownership structure or valuation models, so I view the market impact as mildly negative but not materially detrimental.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	25000	1332250.00	314950576	07/01/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary	04/30/2024	Restricted Stock Units	Issuer			25000	04/30/2024	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for JEFFREY DASH 94 Pitts Bay Road Pembroke D0 HM 08	Ordinary	06/26/2025	25000	1302767.50
10b5-1 Sales for JEFFREY DASH 94 Pitts Bay Road Pembroke D0 HM 08	Ordinary	06/24/2025	25000	1273777.50
10b5-1 Sales for JEFFREY DASH 94 Pitts Bay Road Pembroke D0 HM 08	Ordinary	06/16/2025	25000	1201365.00
10b5-1 Sales for JEFFREY DASH 94 Pitts Bay Road Pembroke D0 HM 08	Ordinary	06/12/2025	75000	3547077.50

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Viking Holdings (VIK) shares is Jeffrey Dash planning to sell under this Form 144?

The notice covers 25,000 ordinary shares.

What is the total market value of the proposed VIK share sale?

The aggregate market value disclosed is $1,332,250.

When is the approximate sale date for the VIK shares?

The filing lists an approximate sale date of 01 July 2025.

How many VIK shares has Jeffrey Dash already sold in the past three months?

The filing lists 150,000 shares sold between 12 June 2025 and 26 June 2025.

What percentage of Viking Holdings’ outstanding shares do the planned and recent sales represent?

Combined 175,000 shares equal roughly 0.055 % of the 314,950,576 shares outstanding.