Form 4: Celsius Holdings Director Dean DeSantis Reports Expiration of Call Options

Director Dean DeSantis reports the expiration of previously sold covered call options on Celsius Holdings shares, which expired unexercised.

Summary

• Dean DeSantis, a director of Celsius Holdings, Inc. (CELH), filed a Form 4 to report a transaction involving derivative securities.
• The transaction concerns the expiration of call options that CDF (CD Financial LLC) sold to an unaffiliated third party on July 12, 2023.
• These call options, representing the right to buy and the obligation to sell 150,000 shares of CELH common stock at a specific strike price, expired on February 3, 2025, without being exercised because they were out of the money.
• DeSantis is a trustee of the Carl DeSantis Revocable Trust, which owns a 99% beneficial interest in CDF, the record holder of the CELH shares.
• DeSantis shares voting and dispositive power over these shares.

Sentiment

Score: 5

Explanation: The document reports a neutral event (expiration of call options). It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and provides transparency regarding the holdings and transactions of company insiders. It does not necessarily reflect broader industry trends but is part of the regulatory requirements for publicly traded companies.

Key Dates