MILLER CHERYL 4

What Happened
Cheryl Miller, a director of Celsius Holdings, Inc. (CELH), received an award of 2,611 restricted stock units (RSUs) on February 27, 2026. The Form 4 reports the per-share acquisition price as $0.00 (no cash exchanged at grant). Each RSU entitles the holder to one share of CELH common stock and the RSUs fully vest on the first anniversary of the grant date.

Key Details

• Transaction date: 2026-02-27; Filing date: 2026-03-03 (filed within the SEC’s two-business-day window).
• Transaction type/code: A — Grant/Award of RSUs.
• Shares granted: 2,611 RSUs; reported price: $0.00 (typical for equity awards where no cash was paid).
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs convert 1:1 to common shares and fully vest one year after the grant (see footnote F1).
• Exhibit/remarks: Form references Exhibit 24.1 (Power of Attorney).

Context
RSU grants are a form of compensation and do not involve an immediate purchase or sale of shares. The recipient does not receive tradable shares until the RSUs vest (here, on the first anniversary), at which point tax withholding or other actions may occur. Awards like this are common for directors and executives and are generally routine compensation rather than an immediate market signal.