Form 4: Celsius Holdings Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Paul H. Storey, Chief Supply Chain Officer of Celsius Holdings, Inc., sold shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On January 1, 2025, Paul H. Storey, Chief Supply Chain Officer of Celsius Holdings, Inc., disposed of 5,575 shares of common stock to satisfy tax withholding obligations.
- The transaction was executed at a price of $26.34 per share.
- Following the transaction, Storey directly owns 37,987 shares of Celsius Holdings, Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (sale of shares for tax obligations) and doesn't convey any strong positive or negative sentiment.
Industry Context
Executive share sales are a common occurrence, often related to tax obligations or diversification strategies. The impact on the stock price is usually minimal unless the sale is substantial or indicative of a negative outlook.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of transaction: Sale of shares to cover tax obligations. |
| 01/03/2025 | Date of signature by Attorney-in-fact. |
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