Were Hugh Milton’s VIK share sales made under a Rule 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Hugh Milton on June 12, 2026, indicating the trades were pre-arranged under that plan.

What price ranges applied to the VIK share sales on September 11, 2026?

The sales occurred in multiple trades within ranges of $84.58–$85.57, $85.58–$86.57, and $86.59–$87.11 per share, with the reported per-share prices reflecting the weighted average sales price for each group of trades.

Viking EVP Hugh Milton sells 20,000 shares

Q: How many VIK shares did Hugh Milton sell in each transaction?

Hugh Milton sold 10,900 shares at $84.96, 6,509 shares at $86.11, and 2,591 shares at $86.80, all reported as open-market or private sale transactions on September 11, 2026.

Q: What VIK equity awards does Hugh Milton still hold after these transactions?

After the reported sales, Hugh Milton’s holdings include 109,904 unvested restricted units (RSUs), with each RSU representing a contingent right to receive one Viking Holdings ordinary share upon settlement.

Viking Holdings’ EVP, Sales disclosed 20,000-share open-market sales under a pre-arranged Rule 10b5-1 trading plan.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Viking Holdings Ltd (VIK) executive Hugh Milton, EVP, Sales, reported open-market sales of a total of 20,000 Ordinary Shares on September 11, 2026, in three tranches at weighted average prices around $84.96, $86.11, and $86.80.

The transactions were effected under a Rule 10b5-1 trading plan adopted on June 12, 2026. Following these sales, his holdings include 109,904 unvested restricted units (RSUs), each representing a contingent right to receive one ordinary share at settlement.

Insights

Analyzing...

Insider Trade Summary 10b5-1

Net Seller: 20,000 shares

Net Sell 3 txns

Insider Hugh Milton

Role EVP, Sales

Sold 20,000 shs ($1.71M)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares ^{F1, F2, F3}	10,900	$84.96	$926K
Sale	Ordinary Shares ^{F1, F4, F3}	6,509	$86.11	$560K
Sale	Ordinary Shares ^{F1, F5, F3}	2,591	$86.80	$225K

Holdings After Transaction: Ordinary Shares — 585,571 shares (Direct)

Footnotes (5)

F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2026.
F2. The sales were executed in multiple trades at prices ranging from $84.58 to $85.57 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), (4) and (5).
F3. Includes 109,904 unvested restricted units ("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 $85.58 to $86.57. The price reported reflects the weighted average sales price.
F5. The sales were executed in multiple trades at prices ranging from $86.59 to $87.11. The price reported reflects the weighted average sales price.

Key Figures

Total shares sold: 20,000 shares First tranche weighted average price: $84.96 per share Second tranche weighted average price: $86.11 per share +4 more

7 metrics

Total shares sold 20,000 shares Aggregate Ordinary Shares sold by Hugh Milton on September 11, 2026

First tranche weighted average price $84.96 per share Sale of 10,900 shares on September 11, 2026

Second tranche weighted average price $86.11 per share Sale of 6,509 shares on September 11, 2026

Third tranche weighted average price $86.80 per share Sale of 2,591 shares on September 11, 2026

Price range (first tranche) $84.58–$85.57 per share Multiple trades underlying the $84.96 weighted average price

Unvested RSUs held 109,904 RSUs Unvested restricted units remaining after the reported sales

Rule 10b5-1 plan adoption date June 12, 2026 Plan under which the September 11, 2026 sales were executed

Key Terms

Rule 10b5-1 trading plan, weighted average sales price, restricted units ("RSUs"), contingent right

4 terms

Rule 10b5-1 trading plan regulatory

"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average sales price financial

"The price reported reflects the weighted average sales price"

restricted units ("RSUs") financial

"Includes 109,904 unvested restricted units ("RSUs")"

contingent right financial

"Each RSU represents a contingent right to receive, at settlement, one ordinary share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did VIK report for executive Hugh Milton?

Viking Holdings Ltd reported that EVP, Sales Hugh Milton sold 20,000 Ordinary Shares on September 11, 2026 in three open-market transactions at weighted average prices between about $84.96 and $86.80 per share.

How many VIK shares did Hugh Milton sell in each transaction?

Hugh Milton sold 10,900 shares at $84.96, 6,509 shares at $86.11, and 2,591 shares at $86.80, all reported as open-market or private sale transactions on September 11, 2026.

What VIK equity awards does Hugh Milton still hold after these transactions?

After the reported sales, Hugh Milton’s holdings include 109,904 unvested restricted units (RSUs), with each RSU representing a contingent right to receive one Viking Holdings ordinary share upon settlement.

Can investors obtain detailed trade-level prices for Hugh Milton’s VIK sales?

Yes. The filing notes that Hugh Milton will provide, upon written request, full information on the number of shares sold at each price within the reported ranges to the issuer, any security holder, or SEC staff.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/15/2026 - 04:19 PM Accepted by SEC EDGAR 09/15/2026 - 04:18 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hugh Milton

(Last)

(First)

(Middle)

5700 CANOGA AVENUE

(Street)

WOODLAND HILLS

CALIFORNIA

91367

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Viking Holdings Ltd [ VIK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Sales

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	09/11/2026		S⁽¹⁾		10,900	D	$84.96⁽²⁾	594,671⁽³⁾	D
Ordinary Shares	09/11/2026		S⁽¹⁾		6,509	D	$86.11⁽⁴⁾	588,162⁽³⁾	D
Ordinary Shares	09/11/2026		S⁽¹⁾		2,591	D	$86.8⁽⁵⁾	585,571⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2026.

2. The sales were executed in multiple trades at prices ranging from $84.58 to $85.57 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), (4) and (5).

3. Includes 109,904 unvested restricted units ("RSUs"). Each RSU represents a contingent right to receive, at settlement, one ordinary share.

4. The sales were executed in multiple trades at prices ranging from $85.58 to $86.57. The price reported reflects the weighted average sales price.

5. The sales were executed in multiple trades at prices ranging from $86.59 to $87.11. The price reported reflects the weighted average sales price.

	/s/ Allison Becker, Attorney-in-Fact for Milton Hugh	09/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

Viking EVP Hugh Milton sells 20,000 shares

Rhea-AI Filing Summary

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