SEC Filing Summary for Celsius Holdings, Inc. - Form 4
Dean DeSantis, former 10% owner of Celsius Holdings, Inc. (CELH), has reported transactions involving the settlement of a prepaid variable forward sale contract. On July 20, 21, and 22, 2026, three tranches of this contract were physically settled. Due to the volume-weighted average price of CELH common stock being below the contract's floor price of $41.6275 on the respective maturity dates, 150,000 shares were transferred per tranche to the buyer without additional payment. This resulted in a decrease in DeSantis's direct holdings of common stock. The transactions were executed at a price of $46.2527 per share for the common stock settlement, while the derivative contract settlement involved no additional payment due to the contract terms.