4/A: Celsius Director Corrects Beneficial Ownership Filing

Celsius Holdings Director Deborah DeSantis filed an amended Form 4 to correct an overstatement of her beneficial ownership of common stock following several transactions in November 2025.

Summary

• Deborah DeSantis, a Director and 10% Owner of Celsius Holdings, Inc. (CELH), filed an amended Form 4 (Form 4/A) to correct previously reported beneficial ownership.
• The amendment addresses an inadvertent overstatement of her beneficial ownership of common stock in the original Form 4 filed on November 17, 2025, and subsequent related filings.
• The original and subsequent filings overstated the amount of securities beneficially owned by 1,318,097 shares for each reported transaction date.
• The corrected beneficial ownership amounts are 16,984,270 shares following the November 13, 2025 transaction, 16,796,770 shares following the November 14, 2025 transaction, and 16,609,270 shares following the November 17, 2025 transaction.
• Each of the three transactions involved the disposition of 187,500 shares of Common Stock at a price of $37.0234 per share.

Sentiment

Score: 5

Explanation: The filing is an administrative correction of previously misstated beneficial ownership. While the error itself is a minor negative, the act of correction is positive for transparency. It does not reflect on the company's operational or financial performance.

Positives

• The company and reporting person demonstrated transparency by promptly correcting previously filed inaccurate information.
• The correction provides accurate and reliable data regarding insider beneficial ownership to the market and investors.

Negatives

• An error in reporting beneficial ownership occurred across multiple filings, indicating a minor administrative oversight in the initial reporting process.

Risks

• Potential for minor reputational impact due to errors in regulatory filings, although this appears to be a clerical correction.
• Inaccurate reporting, even if corrected, could temporarily mislead investors regarding insider holdings.

Future Outlook

NA

Management Comments

• This Form 4/A is filed solely to correct the amount of securities beneficially owned following the reported transactions on each of November 13, 2025, November 14, 2025, and November 17, 2025.
• The original Form 4 filed on November 17, 2025 inadvertently overstated the amount of securities beneficially owned following each transaction date, in each case, by 1,318,097 securities.

Industry Context

This filing is specific to an insider's beneficial ownership correction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Provides accurate information regarding a significant insider's holdings, correcting previous inaccuracies.
• Regulatory Authorities: Demonstrates compliance with SEC reporting requirements by correcting errors.

Key Dates

Keywords

Celsius Holdings, CELH, Deborah DeSantis, Form 4/A, Beneficial Ownership, Insider Trading, SEC Filing, Stock Disposition, Correction