Marnell Richard 4

What Happened Marnell Richard, EVP, Marketing of Viking Holdings Ltd, sold a total of 5,961 ordinary shares in open‑market transactions on June 1, 2026. The filings show 2,949 shares at a weighted average price of $91.05 ($268,506) and 3,012 shares at a weighted average price of $91.85 ($276,652), for aggregate proceeds of approximately $545,158. These were sales (code S) executed as part of a sell‑to‑cover for tax withholding related to RSU settlement, not discretionary trades.

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-03 (timely).
• Reported prices: weighted averages $91.05 and $91.85; underlying trades ranged approximately $90.61–$92.06 per share (multiple trades/price points per footnotes).
• Shares sold: 2,949 and 3,012 (total 5,961). Total proceeds ≈ $545,158.
• Shares owned after transaction: 110,313 total beneficially owned (includes 109,904 unvested RSUs and 409 ESPP shares acquired April 1, 2026).
• Footnotes: sales were mandatory "sell to cover" to satisfy tax withholding on RSU vesting (not discretionary); detailed per‑trade price info is available on request per the filing.

Context These transactions were routine tax‑withholding sales tied to RSU settlement and do not, by themselves, indicate a change in insider conviction. For retail investors, purchases generally signal stronger insider confidence than routine sell‑to‑cover transactions.