Form 4: Deborah DeSantis Reports Stock Distribution from Carl DeSantis Retained Annuity Trust 2

Deborah DeSantis, a director of Celsius Holdings, Inc., reports the distribution of common stock from the Carl DeSantis Retained Annuity Trust 2, resulting in changes to her direct and indirect beneficial ownership.

Summary

• On May 29, 2024, Deborah DeSantis reported a transaction involving Celsius Holdings, Inc. common stock.
• The transaction involved the distribution of shares from the Carl DeSantis Retained Annuity Trust 2 (GRAT 2).
• 7,216,031 shares were distributed from GRAT 2, decreasing the number of shares indirectly beneficially owned by DeSantis through the trust to 2,136,067.
• 1,965,988 shares were distributed from GRAT 2 to Deborah DeSantis, increasing her directly held shares to 3,545,167.
• DeSantis is a co-trustee of GRAT 2 and has shared voting and dispositive control over the shares held by the trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock distribution. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.

Industry Context

This filing reflects changes in beneficial ownership of a key insider at Celsius Holdings, which is relevant to investors monitoring insider activity.

Stakeholder Impact

• The change in ownership may be of interest to shareholders, as it reflects insider activity.

Key Dates