Form 4: Celsius Holdings Director Joyce Russell Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Director Joyce Russell sold 4,000 shares of Celsius Holdings (CELH) common stock to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On March 11, 2025, Joyce Russell, a director of Celsius Holdings, Inc. (CELH), sold 4,000 shares of common stock.
- The sale was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were sold at a weighted average price of $28.47, with individual transactions ranging from $28.47 to $28.48.
- Following the transaction, Russell directly owns 19,106 shares of Celsius Holdings, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover tax obligations). It doesn't indicate positive or negative sentiment.
Industry Context
Sales of shares by company directors are a normal part of corporate governance. It is common for sales to occur to cover tax obligations.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: Joyce Russell sold 4,000 shares of Celsius Holdings common stock. |
| 03/13/2025 | Date of report: Form 4 filing date. |
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