Form 4: Dean DeSantis Reports Expiration of Call Options on Celsius Holdings Stock

Dean DeSantis, a director and 10% owner of Celsius Holdings, reports the expiration of previously sold call options on CELH common stock.

Summary

• This Form 4 filing reports the expiration of call options on Celsius Holdings, Inc. (CELH) common stock by Dean DeSantis, a director and 10% owner.
• The call options, which obligated CD Financial LLC (CDF) to sell shares if exercised, were sold to an unaffiliated third party on July 12, 2023.
• The options expired without being exercised because they were out of the money on the expiration date.
• The filing covers the expiration of call options on January 21, 2025, January 22, 2025, January 23, 2025, January 24, 2025, January 27, 2025 and January 28, 2025, each for 150,000 shares.
• This Form 4 amends and supersedes the Form 4 filed on January 23, 2025 to give effect to a 3-for-1 stock split implemented by CELH in November 2023.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding the expiration of call options. It doesn't inherently convey positive or negative sentiment, but rather reports a factual event.

Positives

• The expiration of the call options without being exercised suggests that 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 standard part of regulatory compliance for individuals with significant ownership or positions in publicly traded companies, providing transparency into their transactions.

Stakeholder Impact

• The expiration of call options has a minimal direct impact on stakeholders, as it simply reflects the outcome of a previously established agreement.

Key Dates