4/A: Celsius Holdings Insider Amends Filing to Correct Beneficial Ownership After Stock Dispositions

Dean DeSantis, a Director and 10% Owner of Celsius Holdings, Inc., filed an amended Form 4 to correct previously misreported beneficial ownership figures following significant stock dispositions in May 2025.

Summary

• Dean DeSantis, a Director and 10% Owner of Celsius Holdings, Inc. (CELH), filed a Form 4/A on June 4, 2025, to amend a previous Form 4 filed on May 23, 2025.
• The amendment specifically corrects the amount of common stock beneficially owned by Mr. DeSantis following transactions that occurred on May 21, 2025, May 22, 2025, and May 23, 2025.
• On each of these three dates, Mr. DeSantis disposed of 259,797 shares of Celsius Holdings Common Stock at a price of $26.2379 per share.
• The original Form 4 incorrectly reported 259,797 securities as beneficially owned after each transaction date.
• The corrected beneficial ownership amounts are: 20,655,943 shares following the May 21, 2025 transaction, 20,396,146 shares following the May 22, 2025 transaction, and 20,136,349 shares following the May 23, 2025 transaction.
• These corrected figures reflect a significant remaining indirect beneficial ownership by Mr. DeSantis.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document primarily serves as a correction to a previous filing. While it details insider selling, the core purpose is to rectify an error, not to announce new operational or financial results.

Positives

• The filing demonstrates transparency and adherence to SEC reporting requirements by correcting previously misreported data.
• Despite the dispositions, Dean DeSantis retains a substantial indirect beneficial ownership of over 20 million shares, indicating continued significant stake in Celsius Holdings.

Negatives

• The original Form 4 contained an error in reporting the post-transaction beneficial ownership, necessitating an amendment.
• Dean DeSantis, a Director and 10% Owner, disposed of a total of 779,391 shares (259,797 shares on three separate days) of Celsius Holdings common stock, which could be interpreted as a negative signal by some investors.

Risks

• Significant dispositions of shares by a 10% owner and director, such as Dean DeSantis, could potentially be perceived by the market as a lack of confidence or a move towards diversification, which might introduce selling pressure or investor concern.

Future Outlook

This document, being an amendment to an insider transaction report, does not provide any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The filing is signed by Dean DeSantis, the reporting person, confirming the accuracy of the corrected information.

Industry Context

This filing is specific to an insider's beneficial ownership changes and does not provide broader industry trends or competitive analysis. It reflects individual investment decisions by a key stakeholder within the beverage industry.

Stakeholder Impact

• Shareholders: Provides updated and accurate information regarding a significant insider's beneficial ownership, which can influence investor perception and confidence. The disposition of shares by a 10% owner may be noted by investors.

Key Dates

Keywords

Celsius Holdings, CELH, Form 4/A, insider trading, beneficial ownership, stock disposition, Dean DeSantis, SEC filing, amendment