Viking Holdings CEO sells shares to cover taxes
Viking Holdings Ltd President and CEO Leah Talactac reported two open‑market sales of Ordinary Shares.
Rhea-AI Filing Summary
Viking Holdings Ltd President and CEO Leah Talactac reported two open‑market sales of Ordinary Shares. She sold 3,439 shares at a weighted average price of $91.82 and 2,522 shares at $90.94, totaling 5,961 shares. According to the disclosure, these sales were required to cover tax withholding obligations from the vesting and settlement of restricted share units under a mandatory “sell to cover” arrangement, so they were not discretionary trades. Talactac continues to hold a significant equity position, including 109,904 unvested RSUs, each representing a contingent right to receive one ordinary share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,522 | $90.94 | $229K |
| Sale | Ordinary Shares | 3,439 | $91.82 | $316K |
Footnotes (4)
- F1. The sales reported in this Form 4 represent ordinary shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted share units ("RSUs"). These sales are mandated by the issuer's election to require tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the reporting person.
- F2. The sales were executed in multiple trades at prices ranging from $90.51 to $91.44 per share. The price reported reflects the weighted average sales price. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes (2) and (4).
- F3. Includes 109,904 unvested RSUs. Each RSU represents a contingent right to receive, at settlement, one ordinary share.
- F4. The sales were executed in multiple trades at prices ranging from $91.51 to $92.05. The price reported reflects the weighted average sales price.
Key Figures
Key Terms
sell to cover financial
weighted average sales price financial
FAQ
What insider transaction did Viking Holdings (VIK) CEO report on this Form 4?
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