Form 4: Celsius Legal Officer Vests Shares, Sells for Tax

Celsius Holdings' Chief Legal Officer, Richard Mattessich, acquired 11,133 shares through RSU vesting and sold 4,381 shares for tax obligations.

Summary

• Richard Stephen Mattessich, Chief Legal Officer of Celsius Holdings, Inc. (CELH), reported changes in his beneficial ownership of the company's common stock.
• On December 9, 2025, Mattessich acquired 11,133 shares of common stock at a price of $0.00 per share. This acquisition resulted from the vesting of performance-based restricted stock units (RSUs) issued under the Celsius Holdings, Inc. 2025 Omnibus Incentive Compensation Plan.
• Following this acquisition, Mattessich's direct beneficial ownership increased to 43,237 shares.
• On the same date, 4,381 shares were disposed of at a price of $43.21 per share. This disposition was to satisfy tax withholding obligations due upon the vesting of the performance-based restricted stock units.
• After both transactions, Mattessich's direct beneficial ownership of Celsius Holdings, Inc. common stock stands at 38,856 shares.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving the vesting of restricted stock units and a subsequent sale of shares to cover tax obligations, which is a neutral event.

Positives

• The vesting of 11,133 performance-based restricted stock units indicates that performance targets set by the company were met, leading to the issuance of these shares to the Chief Legal Officer.

Negatives

• A disposition of 4,381 shares occurred to cover tax withholding obligations, which reduced the Chief Legal Officer's direct beneficial ownership.

Risks

• No specific risks are disclosed in this Form 4 filing, as it primarily reports a routine insider transaction.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction (Form 4) reporting the vesting of restricted stock units and a subsequent sale for tax purposes. Such transactions are common for executives and do not typically provide insights into broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: This is a minor, routine insider transaction that does not typically signal a change in company fundamentals or strategy. The sale for tax purposes is a common occurrence and not indicative of a lack of confidence.
• Employees: The vesting of performance-based RSUs demonstrates the company's compensation structure and the achievement of internal performance metrics, which can be a positive signal for employee morale and retention.

Key Dates

Recommendation

This Form 4 filing details a routine vesting of restricted stock units and a subsequent sale of shares to cover tax liabilities by a Chief Legal Officer. Such transactions are common and do not typically indicate a change in the company's fundamental outlook or warrant a change in investment recommendation.

Keywords

Celsius Holdings, CELH, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Stock Sale, Tax Withholding, Richard Mattessich, Chief Legal Officer