Form 4: Celsius Holdings Chief Legal Officer Reports Stock Transactions

Richard Stephen Mattessich, Chief Legal Officer of Celsius Holdings, reports acquisition and disposal of company stock related to vesting of restricted stock units.

Summary

• On March 1, 2025, Richard Stephen Mattessich, the Chief Legal Officer of Celsius Holdings, Inc., reported transactions involving the company's common stock.
• Mattessich disposed of 1,015 shares to satisfy tax withholding obligations upon the vesting of restricted stock units at a price of $25.69 per share.
• He also acquired 18,392 shares through the vesting of restricted stock units.
• Following these transactions, Mattessich beneficially owns 33,423 shares of Celsius Holdings, Inc.
• The restricted stock units vest in three equal annual installments starting on the first anniversary of the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock transactions due to vesting of restricted stock units. There's no indication of unusual activity or concern.

Positives

• The vesting of restricted stock units suggests a continued commitment to the company by the Chief Legal Officer.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice across publicly traded companies, including competitors in the beverage industry.
• The vesting schedules and equity compensation structures are common tools used to align management incentives with shareholder value, similar to practices observed at companies like National Beverage Corp. (FIZZ) and Monster Beverage Corporation (MNST).

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates