4/A: Celsius Holdings Director Amends SEC Filing to Correct Beneficial Ownership After Share Dispositions
Beneficial Ownership Amendment
Deborah DeSantis, a Director and 10% owner of Celsius Holdings, Inc., filed an amended Form 4 to correct previously misreported beneficial ownership amounts following the disposition of common stock on three consecutive days in May 2025.
Summary
- Deborah DeSantis, a Director and 10% owner of Celsius Holdings, Inc. (CELH), filed an amended Form 4 (Form 4/A) to correct errors in her previously reported beneficial ownership.
- The amendment specifically corrects the amount of securities beneficially owned after transactions on May 21, 2025, May 22, 2025, and May 23, 2025.
- On each of these dates, Ms. DeSantis disposed of 259,797 shares of Celsius Holdings Common Stock at a price of $26.2379 per share.
- Following these dispositions, her indirect beneficial ownership was corrected to 20,655,943 shares on May 21, 2025; 20,396,146 shares on May 22, 2025; and 20,136,349 shares on May 23, 2025.
- The original Form 4, filed on May 23, 2025, had incorrectly reported 259,797 shares as the beneficial ownership amount after each transaction.
Sentiment
Score: 5
Explanation: The document is an administrative amendment to correct previously misreported beneficial ownership amounts. It does not contain new operational or financial news, but rather rectifies a data error, which is a neutral to slightly positive development for data accuracy.
Negatives
- The original Form 4 contained an error in reporting beneficial ownership amounts, requiring an amendment for correction.
Future Outlook
No forward-looking statements or guidance are provided in this amendment.
Industry Context
This filing is specific to an insider's transaction and amendment, and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Provides corrected information regarding a significant insider's beneficial ownership, ensuring transparency and accuracy of public records.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of disposition of 259,797 shares of Common Stock by Deborah DeSantis. |
| 05/22/2025 | Date of disposition of 259,797 shares of Common Stock by Deborah DeSantis. |
| 05/23/2025 | Date of disposition of 259,797 shares of Common Stock by Deborah DeSantis; Original Form 4 filed on this date. |
| 06/04/2025 | Date of filing of the amended Form 4/A. |
Keywords
Celsius Holdings, CELH, SEC Form 4/A, Beneficial Ownership, Insider Trading, Share Disposition, Director, 10% Owner, Stock Sales, Amendment
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