Form 4: Celsius Holdings Director Damon DeSantis Acquires Shares and Holds Restricted Stock Units

Director Damon DeSantis acquired 1,576 shares of Celsius Holdings common stock and holds restricted stock units that vest on the first anniversary of the grant date.

Summary

• On March 1, 2024, Damon DeSantis, a director of Celsius Holdings, Inc., acquired 1,576 shares of common stock at $0.00 per share.
• Following the transaction, DeSantis directly owns 718,723 shares of Celsius Holdings common stock.
• DeSantis also holds restricted stock units (RSUs), each representing the right to receive one share of common stock, which vest on the first anniversary of the grant date.
• Richard Mattessich, acting as Attorney-in-fact, signed the report on March 5, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard disclosure of stock transactions by a company director. The acquisition of shares could be seen as a slightly positive signal.

Positives

• The director's acquisition of shares may signal confidence in the company's future prospects.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of restricted stock units on the first anniversary of the grant date suggests a continued alignment of the director's interests with the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's confidence in the company's prospects.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates