VIKViking Holdings Ltd · Insider ownership research

Viking Holdings Ltd insiders sold $39.6M since March 18, 2026. How much of their stake is that?

95% was sold under disclosed trading plans, 5% to cover taxes. The largest seller, Anton Hofmann (EVP, Group Operations), sold $26.3M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Mar 18, 2026 to Oct 16, 2026

Officers and directors of non-US companies only began filing Forms 3 and 4 on March 18, 2026 (a new SEC rule), so this page covers the period since then. Their 10% holders still do not file. The SEC rule

$26.3M

largest seller, Anton Hofmann, since March 18, 2026

95%

of sales were under disclosed trading plans, since March 18, 2026

6 of 12

officers and directors sold shares, since March 18, 2026

Latest filing: Filed Sep 15 for a sale on Sep 11. Milton Hugh sold 20K shares ($1.7M) under a disclosed plan. Filing

SEC ownership filings: 28 filed from Mar 18, 2026 to Oct 16, 2026; 28 on record since Mar 18, 2026 · See the evidence

What stands out

Routine activity: 95% of sales were under disclosed plans, and no insider sold more than 1% of vested holdings.

A share of stake is shown for 0 of the 6 officers and directors who sold. 12 are left out

i

Left out: Torstein Hagen, Karine Hagen, Jeffrey Dash, Milton Hugh, Anton Hofmann, Leah Talactac, Morten Garmann, Richard Marnell, Linh Banh, Tore Myrholt, Paul Hackwell and Jack Weingart (share of stake is being verified).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, since March 18, 2026. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Anton Hofmann

EVP, Group Operations

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$26.3M99.8% planned, 0.2% to cover taxes

Jeffrey Dash

EVP, Business Development

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$8.0M99% planned, 1% to cover taxes

Richard Marnell

EVP, Marketing

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$2.2M75% planned, 25% to cover taxes

Milton Hugh

EVP, Sales

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$2.1M80% planned, 20% to cover taxes

Leah Talactac

President and CEO

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$545KTo cover taxes

Selling by month

Officers and directors, Mar 2026 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesOne dollar scale for every month; the tallest bar is labeled

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Sep 11, 2026Milton Hugh sold 20K shares ($1.7M) under a disclosed trading plan.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Milton Hugh EVP, Sales	20,000	$85.57	n/a	n/a	Sep 11, 2026	Sep 15, 2026

Common questions

Is the Viking Holdings Ltd CEO selling stock?

No. Torstein Hagen reported no open-market sales since March 18, 2026.

Why are Viking Holdings Ltd insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 95% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 5% were to cover taxes. A trading plan schedules sales in advance.

Are any Viking Holdings Ltd insiders buying?

No. Officers and directors reported no purchases since March 18, 2026.

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Anton Hofmann EVP, Group Operations	$26.3M 286K shares	Not confirmed share of stake is being verified. Why	99.8% under a disclosed plan, 0.2% to cover taxes
Jeffrey Dash EVP, Business Development	$8.0M 101K shares	Not confirmed share of stake is being verified. Why	99% under a disclosed plan, 1% to cover taxes
Richard Marnell EVP, Marketing	$2.2M 24K shares	Not confirmed share of stake is being verified. Why	75% under a disclosed plan, 25% to cover taxes
Milton Hugh EVP, Sales	$2.1M 25K shares	Not confirmed share of stake is being verified. Why	80% under a disclosed plan, 20% to cover taxes
Leah Talactac President and CEO	$545K 6K shares	Not confirmed share of stake is being verified. Why	To cover taxes
Linh Banh Chief Financial Officer	$545K 6K shares	Not confirmed share of stake is being verified. Why	To cover taxes

The full ownership picture0 of 12 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Mar 17, 2026

Sold

Held Oct 16, 2026

Still held

Torstein Hagen

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Torstein Hagen are complete.

Chairman and CEO, Director

n/a

0

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Torstein Hagen

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Torstein Hagen are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
94,276	$19.13	Aug 23, 2027	$6.4M

Estimate: options held × ($86.80 − strike price), using the most recent insider trade price on Form 4 (Sep 11, 2026), not a market close.

Karine Hagen

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Karine Hagen are complete.

EVP, Product, Director

n/a

0

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Karine Hagen

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Karine Hagen are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
94,276	$19.13	Aug 23, 2027	$6.4M

Estimate: options held × ($86.80 − strike price), using the most recent insider trade price on Form 4 (Sep 11, 2026), not a market close.

Jeffrey Dash

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jeffrey Dash are complete.

EVP, Business Development

n/a

−101K

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Jeffrey Dash

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jeffrey Dash are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Milton Hugh

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Milton Hugh are complete.

EVP, Sales

n/a

−25K

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Milton Hugh

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Milton Hugh are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Anton Hofmann

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Anton Hofmann are complete.

EVP, Group Operations

n/a

−286K

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Anton Hofmann

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Anton Hofmann are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Leah Talactac

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Leah Talactac are complete.

President and CEO

n/a

−6K

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Leah Talactac

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Leah Talactac are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Morten Garmann

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Morten Garmann are complete.

Director

n/a

0

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Morten Garmann

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Morten Garmann are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Richard Marnell

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Richard Marnell are complete.

EVP, Marketing

n/a

−24K

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Richard Marnell

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Richard Marnell are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Linh Banh

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Linh Banh are complete.

Chief Financial Officer

n/a

−6K

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Linh Banh

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Linh Banh are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Tore Myrholt

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Tore Myrholt are complete.

Director

n/a

0

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Tore Myrholt

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Tore Myrholt are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Paul Hackwell

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Paul Hackwell are complete.

Director

n/a

0

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Paul Hackwell

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Paul Hackwell are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Jack Weingart

!

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jack Weingart are complete.

Director

n/a

0

n/a

n/a

Vesting, gifts, unvested awards and holding lines for Jack Weingart

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jack Weingart are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Viking Holdings Ltd are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$39.6M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $39.6M across 446,816 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $37.4M · 95%

5%

The lighter segment is sales with no plan disclosed in the filing ($2.2M), including tax-related sales outside a plan.

Taxes

$2.2M of sales (5.5%) cite tax obligations in their footnotes. Example: Linh Banh, Jun 1, 2026

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Anton Hofmann EVP, Group Operations	286K	$26.3M	99.8%	66%	Jun 1, 2026 to Jun 15, 2026
Jeffrey Dash EVP, Business Development	101K	$8.0M	99%	20%	Mar 25, 2026 to Jun 1, 2026
Richard Marnell EVP, Marketing	24K	$2.2M	75%	6%	Jun 1, 2026 to Jun 16, 2026
Milton Hugh EVP, Sales	25K	$2.1M	80%	5%	Jun 1, 2026 to Sep 11, 2026
Leah Talactac President and CEO	6K	$545K	0%	1%	Jun 1, 2026 to Jun 1, 2026
Linh Banh Chief Financial Officer	6K	$545K	0%	1%	Jun 1, 2026 to Jun 1, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Mar 2026	$1.9M	$1.9M	$0	$0
Apr 2026	$6.0M	$6.0M	$0	$0
May 2026	$0	$0	$0	$0
Jun 2026	$30.0M	$27.8M	$2.2M	$0
Jul 2026	$0	$0	$0	$0
Aug 2026	$0	$0	$0	$0
Sep 2026	$1.7M	$1.7M	$0	$0
Oct 2026	$0	$0	$0	$0

Known gaps and uncertainty12 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Viking Holdings Ltd are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology28 filings on record, 28 filed since March 18, 2026, and how we read them

All 28 Forms 3, 4 and 5 on record for Viking Holdings Ltd (SEC CIK 1745201), filed from Mar 18, 2026 to Sep 15, 2026; 28 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (2)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Richard Fear		No balance on record
Pat Naccarato		No balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.