Form 4: Celsius Holdings CFO Jarrod Langhans Sells Shares to Cover Tax Obligations

Celsius Holdings CFO Jarrod Langhans sold 4,079 shares of common stock on April 19, 2024, to cover tax liabilities arising from the vesting of Restricted Stock Units (RSUs).

Summary

• On April 19, 2024, Jarrod Langhans, the Chief Financial Officer of Celsius Holdings, Inc. (CELH), sold 4,079 shares of the company's common stock.
• The shares were sold at a weighted average price of $69.42, with individual transactions ranging from $69.11 to $69.54.
• The sale was executed to cover tax obligations resulting from the vesting of Restricted Stock Units (RSUs).
• Following the transaction, Langhans directly owns 83,670 shares of Celsius Holdings.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (stock sale to cover taxes) by a company executive, which is neither particularly positive nor negative.

Industry Context

Sales by company executives are a normal part of corporate governance. It is important to consider the context of the sale, such as the reason for the sale and the amount of stock sold, in relation to the executive's total holdings.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.

Key Dates