Form 4: Celsius Holdings Director Deborah DeSantis Reports Expiration of Call Options
SEC Filing
Deborah DeSantis, a director at Celsius Holdings, reports the expiration of unexercised call options on Celsius Holdings common stock.
Summary
- Deborah DeSantis, a director of Celsius Holdings, Inc. (CELH), filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the expiration of three sets of call options on CELH common stock, each for 50,000 shares, on January 21, 2025, January 22, 2025, and January 23, 2025.
- These call options were initially sold on July 12, 2023, by CD Financial LLC (CDF), in which the Reporting Person has shared voting and dispositive power.
- The options expired 'out of the money' and were not exercised.
- The reporting person is a trustee of the Carl DeSantis Revocable Trust, which owns a 99% beneficial interest in CD Financial LLC ('CDF'), the record holder of the shares of common stock of Celsius Holdings, Inc. ('CELH').
Sentiment
Score: 5
Explanation: This is a neutral report on the expiration of call options, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings and transactions of company directors.
Key Dates
| Date | Description |
|---|---|
| July 12, 2023 | CDF sold covered call options for shares of common stock of CELH to an unaffiliated third-party purchaser. |
| 01/21/2025 | Date of earliest transaction and expiration date of first set of call options (50,000 shares). |
| 01/22/2025 | Expiration date of second set of call options (50,000 shares). |
| 01/23/2025 | Expiration date of third set of call options (50,000 shares) and signature date of the report. |
Keywords
Form 4, Celsius Holdings, CELH, Deborah DeSantis, Call Options, Expiration, Beneficial Ownership, Director
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