Form 4: Celsius Holdings Director's Call Options Expire Unexercised
SEC Form 4 Filing
A director of Celsius Holdings, Dean DeSantis, had call options expire unexercised, resulting in no change to his beneficial ownership of the company's stock.
Summary
- Dean DeSantis, a director at Celsius Holdings, had call options expire without being exercised.
- These call options, which were sold by CD Financial LLC, a company in which Mr. DeSantis has a beneficial interest, were for 150,000 shares of Celsius common stock each on three separate dates.
- The options expired on January 29, 2025, January 30, 2025, and January 31, 2025.
- Because the options were out of the money on their expiration dates, they were not exercised, and no shares were transferred.
- This filing reflects the expiration of these call options and does not represent a change in Mr. DeSantis's beneficial ownership of Celsius stock.
Sentiment
Score: 5
Explanation: The document is neutral, reporting a routine transaction with no significant impact on the company's financials or outlook.
Industry Context
This filing is a routine disclosure of a director's transactions in company stock, which is common in the public markets. The expiration of call options is a normal part of trading activity and does not indicate any change in the company's fundamentals.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The expiration of call options is a common occurrence in the market and does not indicate any unusual activity.
Stakeholder Impact
- The expiration of these call options has no direct impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of the earliest transaction reported in the filing. |
| 01/29/2025 | Expiration date of the first set of call options. |
| 01/30/2025 | Expiration date of the second set of call options. |
| 01/31/2025 | Expiration date of the third set of call options and date of the filing. |
Keywords
Celsius Holdings, Dean DeSantis, call options, derivative securities, beneficial ownership, SEC Form 4, CD Financial LLC, stock options, expiration
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