Form 4: Celsius Holdings Chief Legal Officer Sells Shares to Cover Tax Obligations
SEC Form 4
Richard Stephen Mattessich, Chief Legal Officer of Celsius Holdings, Inc., sold shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On November 1, 2024, Richard Stephen Mattessich, the Chief Legal Officer of Celsius Holdings, Inc., engaged in a transaction involving the company's common stock.
- Mattessich disposed of 816 shares of common stock at a price of $31.48 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Mattessich directly owns 16,046 shares of Celsius Holdings, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction to cover tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are routine and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: Richard Stephen Mattessich disposed of shares. |
| 11/04/2024 | Date of signature on the Form 4 filing. |
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