SEC Filing Summary

William H. Milmoe, a 10% owner of Celsius Holdings, Inc., reported the settlement of three tranches of a prepaid variable forward sale contract on December 19, 22, and 23, 2025. These settlements involved the physical delivery of Celsius Holdings common stock. Specifically, 115,374 shares were delivered on December 19, and 120,000 shares were delivered on both December 22 and 23. The settlement prices for these tranches were above the cap price, as defined in the contract. Following these transactions, the post-transaction shares owned by CD Financial LLC, managed by Milmoe, were 14,602,396, 14,482,396, and 14,362,396, respectively. The transactions were executed under a prepaid variable forward sale contract entered into on January 19, 2023.