Viking Holdings Officer Files Form 144 to Sell $1.72M in Ordinary Shares

Executive Summary

On November 4, 2026, Milton Hugh, an Officer of Viking Holdings Ltd ($VIK), filed a Form 144 notice disclosing an intention to sell up to 20,000 Ordinary Shares with an aggregate market value of approximately $1.72 million through Morgan Stanley Smith Barney LLC.

Transaction Details

• Filer: Milton Hugh
• Relationship: Officer
• Securities Offered: 20,000 Ordinary Shares
• Aggregate Market Value: $1,716,800.00 (~$85.84 per share)
• Shares Outstanding: 318,867,000
• Source of Shares: Acquired via Restricted Stock Units on April 30, 2024
• Trading Plan: Executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on June 12, 2026
• Prior Sales: The filer previously sold 20,000 Ordinary Shares on September 11, 2026, for gross proceeds of $1,711,500.00 under the same 10b5-1 plan.

Market & Trading Significance

The proposed sale represents less than 0.01% of Viking Holdings Ltd's 318.87 million shares outstanding, presenting negligible dilution or market disruption. Because the sale is governed by a pre-scheduled Rule 10b5-1 plan adopted months in advance, it reflects routine liquidity management rather than an ad-hoc sentiment shift on operational outlook. Consequently, the trading significance is categorized as Low.