Viking Executive's $6M+ Stock Sales Raise Questions About Insider Sentiment

Rhea-AI Filing Summary

Viking Holdings Form 144 filing discloses proposed sale of securities by Officer Jeffrey Dash. The filing indicates planned sale of 25,000 ordinary shares with an aggregate market value of $1,281,750 through Morgan Stanley Smith Barney LLC on the NYSE, scheduled for June 26, 2025.

The shares were originally acquired as Restricted Stock Units from the issuer on April 30, 2024. The filing reveals significant recent trading activity by Dash under a 10b5-1 plan adopted on March 13, 2025:

• June 24, 2025: Sold 25,000 shares for $1,273,777.50
• June 16, 2025: Sold 25,000 shares for $1,201,365.00
• June 12, 2025: Sold 75,000 shares for $3,547,077.50

Total outstanding shares: 314,950,576. The seller affirms no knowledge of undisclosed material adverse information regarding Viking Holdings' operations.

Positive

• None.

Negative

• Officer Jeffrey Dash has sold 125,000 shares totaling over $6M in the past 3 months through 10b5-1 sales, with another 25,000 shares planned for sale - significant insider selling activity

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	0001444642
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Viking Holdings Ltd
SEC File Number	001-42039
Address of Issuer	94 Pitts Bay Road Pembroke BERMUDA HM 08
Phone	441-478-2244
Name of Person for Whose Account the Securities are To Be Sold	JEFFREY DASH
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	Officer

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	1281750.00	314950576	06/26/2025	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	06/24/2025	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	Shares were sold pursuant to a 10b5-1 plan adopted on 03/13/2025.
Date of Notice	06/26/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/13/2025
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	/s/ Jeffrey Dash
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many shares of VIK stock is Jeffrey Dash planning to sell according to the June 2025 Form 144?

According to the Form 144 filed on June 28, 2025, Jeffrey Dash, an officer of Viking Holdings Ltd (VIK), plans to sell 25,000 ordinary shares with an aggregate market value of $1,281,750.00 through Morgan Stanley Smith Barney LLC.

How many VIK shares has Jeffrey Dash sold in the past 3 months before this Form 144 filing?

In the three months prior to this filing, Jeffrey Dash sold a total of 125,000 VIK ordinary shares through his 10b5-1 plan: 75,000 shares on June 12, 2025 ($3,547,077.50), 25,000 shares on June 16, 2025 ($1,201,365.00), and 25,000 shares on June 24, 2025 ($1,273,777.50).

When did VIK officer Jeffrey Dash adopt his 10b5-1 trading plan?

Jeffrey Dash adopted his 10b5-1 trading plan on March 13, 2025, as disclosed in the Form 144 filing's remarks section.

What is the source of VIK shares that Jeffrey Dash plans to sell?

The shares Jeffrey Dash plans to sell were acquired as Restricted Stock Units (RSUs) from the issuer on April 30, 2024, with a total of 25,000 shares acquired on that date.

How many total shares of VIK stock are outstanding according to the Form 144?

According to the Form 144 filing, Viking Holdings Ltd (VIK) has 314,950,576 ordinary shares outstanding.