Form 4: Celsius Holdings Executive Sells Shares to Cover Tax Obligations

Paul H. Storey, Chief Supply Chain Officer of Celsius Holdings, Inc., sold 2,025 shares of common stock to cover tax obligations arising from vesting of restricted stock units.

Summary

• Paul H. Storey, Chief Supply Chain Officer of Celsius Holdings, Inc., filed a Form 4 on May 6, 2025, reporting changes in beneficial ownership.
• On May 5, 2025, Storey sold 2,025 shares of Celsius Holdings common stock at a price of $33.89 per share to satisfy tax withholding obligations.
• Following the transaction, Storey directly owns 43,272 shares and indirectly owns 450 shares through a spouse.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock sale for tax purposes. It doesn't convey any particularly positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, particularly to cover tax obligations related to equity compensation. The sale itself is unlikely to have a significant impact on the company's overall performance or stock price.

Stakeholder Impact

• The sale of shares by an executive could have a minor negative impact on shareholder sentiment, but is unlikely to be significant.

Key Dates

Keywords

Form 4, Celsius Holdings, CELH, Paul H. Storey, Chief Supply Chain Officer, Stock Sale, Tax Obligations, Beneficial Ownership, Restricted Stock Units