Form 4: Celsius Holdings CFO Jarrod Langhans Reports Stock Transaction

Jarrod Langhans, CFO of Celsius Holdings, reports a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock units.

Summary

• On January 1, 2025, Celsius Holdings CFO Jarrod Langhans reported a transaction.
• The transaction involved the withholding of 3,783 shares of common stock at a price of $26.34 to satisfy tax withholding obligations upon the vesting of restricted stock units.
• Following the transaction, Langhans directly owns 88,773 shares of Celsius Holdings.
• The report was signed by Richard Stephen Mattessich on January 3, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency in insider trading activities.
• Companies like Monster Beverage Corporation (MNST) and National Beverage Corp. (FIZZ) also have their executives file similar forms when they engage in transactions involving their company's stock.
• The specifics of each transaction, such as the number of shares and price, are unique to the individual's compensation and tax situation.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• The withholding of shares to cover tax obligations has no direct impact on employees, customers, suppliers, or creditors.

Key Dates