Form 4: Celsius Holdings Chief Commercial Officer Sells Shares to Cover Tax Obligations

Tony Guilfoyle, Chief Commercial Officer of Celsius Holdings, sold 10,830 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• Tony Guilfoyle, the Chief Commercial Officer of Celsius Holdings, Inc., sold 10,830 shares of the company's common stock on November 19, 2024.
• The sale was executed to satisfy tax withholding obligations arising from the vesting of restricted stock units.
• The shares were sold at a price of $27.29 per share.
• Following the transaction, Guilfoyle directly owns 79,111 shares of Celsius Holdings common stock.

Sentiment

Score: 5

Explanation: This is a neutral event, a routine transaction for an executive to cover tax obligations. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Comparison to Industry Standards

• Sales of shares by executives to cover tax obligations are a common practice across publicly traded companies.
• The number of shares sold and the price are specific to this individual and company, but the underlying reason is a standard practice.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on the stock price, but it is generally not considered a significant event.

Key Dates

Keywords

Celsius Holdings, Tony Guilfoyle, stock sale, insider trading, tax obligations, restricted stock units, CELH, Chief Commercial Officer