Form 4: Celsius Holdings Director William Milmoe Reports Expiration of Call Options

William Milmoe, a director at Celsius Holdings, reports the expiration of several call options on Celsius Holdings common stock.

Summary

• William H. Milmoe, a director of Celsius Holdings, Inc. (CELH), filed a Form 4 detailing changes in beneficial ownership.
• The report covers the expiration of multiple call options on CELH common stock between January 21, 2025, and January 28, 2025.
• The call options, originally sold on July 12, 2023, to an unaffiliated third party, expired without being exercised because they were out of the money on the expiration date.
• Each call option covered 150,000 shares of CELH common stock.
• The reporting person is the manager of CD Financial LLC (CDF) and a trustee of the Carl DeSantis Revocable Trust, which owns a 99% beneficial interest in CDF.
• CDF is the record holder of the shares of common stock of CELH which are the subject of this report.
• This Form 4 amends and supersedes the Form 4 filed on January 23, 2025, to give effect to a 3-for-1 stock split implemented by CELH in November 2023.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding the expiration of call options. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The expiration of call options is a common event and doesn't necessarily indicate a change in the company's fundamentals.

Key Dates