Storey Paul H. 4
Research Summary
AI-generated summary
Celsius (CELH) Chief Supply Chain Officer Paul Storey Receives RSUs
What Happened
Paul H. Storey, Chief Supply Chain Officer of Celsius Holdings, received a grant of 8,813 restricted stock units (RSUs) on 2026-02-27. To satisfy tax withholding obligations upon vesting, 3,307 of the underlying shares were withheld (disposed) at an indicated price of $53.61 per share, totaling approximately $177,288. The RSU award itself is reported as acquisition (code A) and the withholding as tax withholding (code F).
Key Details
- Transaction dates: 2026-02-27 (grant and tax-withholding disposition).
- Prices/values: Withheld 3,307 shares at $53.61 each = ~$177,288; RSU grant reported with $0 cash paid (standard grant).
- Instrument: 8,813 RSUs (each RSU converts to one share upon vesting).
- Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant (footnote F2).
- Tax withholding: 3,307 shares were surrendered to cover tax withholding upon vesting (footnote F1) — routine cashless-type settlement.
- Filing timeliness: Report filed 2026-03-03 for transactions on 2026-02-27 — filed within the normal Form 4 reporting window.
- Other: Exhibit 24.1 Power of Attorney referenced in the filing.
Context
This filing reports an award of RSUs (a non-cash compensation event) and routine share withholding to meet tax obligations. Awards and tax withholdings are common for executive compensation and do not by themselves indicate a buy or sell decision by the insider.
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