Celsius (CELH) CFO has shares withheld to cover RSU tax obligation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celsius Holdings, Inc. Chief Financial Officer Jarrod Langhans reported a routine tax-related share disposition. On the vesting of restricted stock units, 4,391 shares of common stock were withheld at $35.25 per share to cover tax obligations. After this non‑market transaction, Langhans directly holds 107,008 shares of Celsius common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Langhans Jarrod
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.001 par value per share | 4,391 | $35.25 | $155K |
Holdings After Transaction:
Common Stock, $0.001 par value per share — 107,008 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 4,391 shares
Withholding reference price: $35.25 per share
Shares held after transaction: 107,008 shares
+1 more
4 metrics
Shares withheld for taxes
4,391 shares
Withheld to satisfy tax withholding on RSU vesting
Withholding reference price
$35.25 per share
Price used for tax-withholding disposition
Shares held after transaction
107,008 shares
Direct holdings of CFO Jarrod Langhans following Form 4 event
Tax-withholding shares
4,391 shares
Reported as transaction code F, non-derivative common stock
Key Terms
restricted stock units, tax withholding obligation, non-derivative, Form 4
4 terms
restricted stock units financial
"due upon vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"withheld to satisfy the tax withholding obligation due upon vesting"
non-derivative financial
"transaction_type": "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Celsius (CELH) CFO Jarrod Langhans report in this Form 4?
Celsius CFO Jarrod Langhans reported a tax-related share disposition. The company withheld 4,391 shares of common stock to satisfy taxes due on vested restricted stock units, leaving him with 107,008 directly held shares after the transaction.
Was the Celsius (CELH) CFO’s Form 4 transaction an open-market stock sale?
No, the transaction was not an open-market sale. Shares were withheld by the company to satisfy tax withholding obligations on vested restricted stock units, a common administrative process rather than a discretionary decision to sell shares in the market.
What does transaction code "F" mean in the Celsius (CELH) CFO Form 4?
Transaction code "F" indicates shares were disposed to pay taxes or an exercise price. In this case, Celsius withheld 4,391 shares from CFO Jarrod Langhans to satisfy tax obligations on vested restricted stock units, rather than him selling shares in the market.