Form 4: Deborah DeSantis Reports Expiration of Call Options on Celsius Holdings Stock
SEC Form 4 Filing
Deborah DeSantis, a director of Celsius Holdings, reports the expiration of previously sold call options on CELH common stock.
Summary
- This Form 4 filing by Deborah DeSantis, a director of Celsius Holdings, Inc. (CELH), reports the expiration of call options on CELH common stock.
- The call options, which obligated CD Financial LLC (CDF) to sell shares if exercised, were sold on July 12, 2023, and expired without being exercised because they were out of the money on the expiration date.
- The reporting person is a trustee of the Carl DeSantis Revocable Trust, which owns a 99% beneficial interest in CDF, the record holder of the CELH shares.
- This Form 4 amends and supersedes the Form 4 filed on January 23, 2025, to reflect 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 contain information that would significantly impact investor sentiment positively or negatively.
Positives
- The expiration of the call options without being exercised suggests that the stock price did not reach the strike price during the option period, which could be viewed positively by some investors.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. The expiration of call options is a common occurrence and doesn't necessarily indicate a significant event for the company.
Key Dates
| Date | Description |
|---|---|
| July 12, 2023 | Date CDF sold covered call options for shares of common stock of CELH to an unaffiliated third-party purchaser |
| November 2023 | CELH implemented a 3-for-1 stock split. |
| 01/21/2025 | Date of earliest transaction and expiration date of call options. |
| 01/22/2025 | Expiration date of call options. |
| 01/23/2025 | Expiration date of call options. |
| 01/24/2025 | Expiration date of call options. |
| 01/27/2025 | Expiration date of call options. |
| 01/28/2025 | Expiration date of call options and date of Form 4 filing. |
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