Form 4: Celsius Holdings Insider Transaction: William H. Milmoe Reports Expiration of Call Options

William H. Milmoe, a director of Celsius Holdings, reports the expiration of previously sold call options on CELH common stock.

Summary

• William H. Milmoe, a director of Celsius Holdings, filed a Form 4 detailing changes in beneficial ownership.
• The report concerns the expiration of call options on Celsius Holdings (CELH) common stock.
• The call options, sold by CD Financial LLC (CDF) on July 12, 2023, to an unaffiliated third party, expired without being exercised because they were out of the money.
• Milmoe is the manager of 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 CELH shares related to these transactions.
• The transactions occurred between January 29, 2025, and January 31, 2025, with 150,000 options expiring on each of those days.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding the expiration of call options. It doesn't convey strong positive or negative sentiment.

Positives

• The expiration of out-of-the-money call options suggests the stock price did not reach the strike price, potentially indicating a stable or lower-than-expected price movement during the option period.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. The expiration of call options is a common occurrence and doesn't necessarily indicate a significant event for the company.

Key Dates