Celsius Holdings, Inc.·4

Mar 3, 6:15 PM ET

DeSantis Damon 4

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Celsius (CELH) Director Damon DeSantis Receives 2,611-Share Award

What Happened
Damon DeSantis, a director of Celsius Holdings, Inc. (CELH), was granted 2,611 restricted stock units (RSUs) on 2026-02-27. The Form 4 reports the acquisition as an award (code A) with a reported price of $0.00 for a reported value of $0 (the entry reflects an RSU grant rather than an open-market purchase). RSUs give the holder the right to receive one share of common stock per RSU; these RSUs fully vest on the first anniversary of the grant date. This is a grant/compensation event, not a cash purchase or sale.

Key Details

  • Transaction date: 2026-02-27 (reported on Form 4 filed 2026-03-03).
  • Transaction type: Award/Grant (code A); 2,611 RSUs granted; price reported $0.00.
  • Shares owned after transaction: Not stated in the provided filing.
  • Footnote: RSUs convert to one share each and fully vest one year after grant (per footnote).
  • Filing timeliness: The Form 4 was filed on 2026-03-03 for a 2026-02-27 grant. SEC Form 4s are generally due within two business days; this filing appears to be one business day late.
  • Exhibit/Remark: See Exhibit 24.1 (Power of Attorney) listed in the filing.

Context: RSU grants are a form of compensation and do not involve an immediate market purchase or sale; they only become actual shares upon vesting (or later delivery). Such awards are common for directors and executives and do not by themselves indicate a buy/sell signal by the insider.