STOCK TITAN

[Form 4] Celsius Holdings, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Insider Trading Alert: Dean DeSantis, a 10% owner of Celsius Holdings (CELH), reported the settlement of three tranches of a Variable Prepaid Forward Sale Contract (VPF) originally entered on August 1, 2022. The transactions occurred between June 23-25, 2025.

Key transaction details:

  • Total disposition of 900,000 shares of common stock (300,000 shares per day)
  • Transaction price of $40.1588 per share (Cap Price)
  • Shares were held indirectly through GRAT 1, LLC, where DeSantis serves as one of two personal representatives of the Estate of Carl DeSantis
  • Following the transactions, GRAT 1's beneficial ownership decreased from 9,900,000 to 9,000,000 shares

The VPF settlement terms were triggered as the stock's settlement price exceeded the Cap Price of $40.1588, above the Floor Price of $30.1191. The transactions were executed as full physical settlements, with GRAT 1 delivering shares and receiving cash payments based on the predetermined formula.

Avviso di Insider Trading: Dean DeSantis, proprietario del 10% di Celsius Holdings (CELH), ha segnalato la liquidazione di tre tranche di un Contratto di Vendita Variabile Prepagato (VPF) originariamente stipulato il 1° agosto 2022. Le transazioni si sono svolte tra il 23 e il 25 giugno 2025.

Dettagli principali della transazione:

  • Disposizione totale di 900.000 azioni ordinarie (300.000 azioni al giorno)
  • Prezzo di transazione di 40,1588 $ per azione (Prezzo Massimo)
  • Le azioni erano detenute indirettamente tramite GRAT 1, LLC, dove DeSantis è uno dei due rappresentanti personali dell'Eredità di Carl DeSantis
  • Dopo le transazioni, la proprietà beneficiaria di GRAT 1 è diminuita da 9.900.000 a 9.000.000 di azioni

I termini di liquidazione del VPF sono stati attivati poiché il prezzo di regolamento delle azioni ha superato il Prezzo Massimo di 40,1588 $, superiore al Prezzo Minimo di 30,1191 $. Le transazioni sono state eseguite come regolamenti fisici completi, con GRAT 1 che ha consegnato le azioni e ricevuto pagamenti in contanti basati sulla formula predeterminata.

Alerta de Operaciones con Información Privilegiada: Dean DeSantis, propietario del 10% de Celsius Holdings (CELH), informó la liquidación de tres tramos de un Contrato de Venta Variable Prepagado (VPF) originalmente celebrado el 1 de agosto de 2022. Las transacciones ocurrieron entre el 23 y el 25 de junio de 2025.

Detalles clave de la transacción:

  • Disposición total de 900,000 acciones comunes (300,000 acciones por día)
  • Precio de transacción de $40.1588 por acción (Precio Tope)
  • Las acciones se mantenían indirectamente a través de GRAT 1, LLC, donde DeSantis es uno de los dos representantes personales del Patrimonio de Carl DeSantis
  • Tras las transacciones, la propiedad beneficiaria de GRAT 1 disminuyó de 9,900,000 a 9,000,000 acciones

Los términos de liquidación del VPF se activaron porque el precio de liquidación de las acciones superó el Precio Tope de $40.1588, por encima del Precio Piso de $30.1191. Las transacciones se ejecutaron como liquidaciones físicas completas, con GRAT 1 entregando acciones y recibiendo pagos en efectivo basados en la fórmula predeterminada.

내부자 거래 알림: Celsius Holdings(CELH)의 10% 소유주인 Dean DeSantis가 2022년 8월 1일에 체결된 가변 선불 선도 매도 계약(VPF)의 세 차수 분할 정산을 보고했습니다. 거래는 2025년 6월 23일부터 25일 사이에 이루어졌습니다.

주요 거래 내용:

  • 900,000주 보통주 처분 (하루에 300,000주)
  • 거래 가격은 주당 $40.1588 (상한가)
  • 주식은 GRAT 1, LLC를 통해 간접 보유되었으며, DeSantis는 Carl DeSantis 유산의 두 개인 대표 중 한 명입니다
  • 거래 후 GRAT 1의 실질 소유 주식 수는 9,900,000주에서 9,000,000주로 감소

VPF 정산 조건은 주식 정산 가격이 상한가 $40.1588을 초과하고 하한가 $30.1191 이상일 때 발동되었습니다. 거래는 완전 물리적 정산 방식으로 실행되었으며, GRAT 1은 주식을 인도하고 미리 정해진 공식에 따라 현금 지급을 받았습니다.

Alerte sur les Transactions d'Initiés : Dean DeSantis, détenteur de 10 % de Celsius Holdings (CELH), a signalé le règlement de trois tranches d'un contrat de vente à terme prépayé variable (VPF) initialement conclu le 1er août 2022. Les transactions ont eu lieu entre le 23 et le 25 juin 2025.

Détails clés de la transaction :

  • Disposition totale de 900 000 actions ordinaires (300 000 actions par jour)
  • Prix de transaction de 40,1588 $ par action (Prix Plafond)
  • Les actions étaient détenues indirectement via GRAT 1, LLC, où DeSantis est l'un des deux représentants personnels de la succession de Carl DeSantis
  • Après les transactions, la propriété bénéficiaire de GRAT 1 a diminué de 9 900 000 à 9 000 000 d'actions

Les conditions de règlement du VPF ont été déclenchées car le prix de règlement de l'action a dépassé le Prix Plafond de 40,1588 $, supérieur au Prix Plancher de 30,1191 $. Les transactions ont été exécutées sous forme de règlements physiques complets, GRAT 1 livrant les actions et recevant des paiements en espèces basés sur la formule prédéterminée.

Insider-Handelsmeldung: Dean DeSantis, ein 10%iger Eigentümer von Celsius Holdings (CELH), meldete die Abwicklung von drei Tranchen eines variablen vorausbezahlten Forward-Verkaufsvertrags (VPF), der ursprünglich am 1. August 2022 abgeschlossen wurde. Die Transaktionen fanden zwischen dem 23. und 25. Juni 2025 statt.

Wichtige Transaktionsdetails:

  • Gesamtveräußerung von 900.000 Aktien Stammaktien (300.000 Aktien pro Tag)
  • Transaktionspreis von 40,1588 $ pro Aktie (Obergrenze)
  • Die Aktien wurden indirekt über GRAT 1, LLC gehalten, bei dem DeSantis einer von zwei persönlichen Nachlassvertretern des Nachlasses von Carl DeSantis ist
  • Nach den Transaktionen sank das wirtschaftliche Eigentum von GRAT 1 von 9.900.000 auf 9.000.000 Aktien

Die Abwicklungsbedingungen des VPF wurden ausgelöst, da der Abwicklungspreis der Aktie die Obergrenze von 40,1588 $ überstieg und über dem Mindestpreis von 30,1191 $ lag. Die Transaktionen wurden als vollständige physische Abwicklungen ausgeführt, wobei GRAT 1 Aktien lieferte und auf Basis der vorgegebenen Formel Barzahlungen erhielt.

Positive
  • None.
Negative
  • Major shareholder GRAT 1 LLC disposed of 900,000 shares of CELH through a pre-planned variable forward sale contract at prices capped at $40.16, reducing holdings from 9.6M to 9M shares
  • The transaction represents a significant monetization event by a 10% owner, with total value exceeding $36M based on the cap price

Avviso di Insider Trading: Dean DeSantis, proprietario del 10% di Celsius Holdings (CELH), ha segnalato la liquidazione di tre tranche di un Contratto di Vendita Variabile Prepagato (VPF) originariamente stipulato il 1° agosto 2022. Le transazioni si sono svolte tra il 23 e il 25 giugno 2025.

Dettagli principali della transazione:

  • Disposizione totale di 900.000 azioni ordinarie (300.000 azioni al giorno)
  • Prezzo di transazione di 40,1588 $ per azione (Prezzo Massimo)
  • Le azioni erano detenute indirettamente tramite GRAT 1, LLC, dove DeSantis è uno dei due rappresentanti personali dell'Eredità di Carl DeSantis
  • Dopo le transazioni, la proprietà beneficiaria di GRAT 1 è diminuita da 9.900.000 a 9.000.000 di azioni

I termini di liquidazione del VPF sono stati attivati poiché il prezzo di regolamento delle azioni ha superato il Prezzo Massimo di 40,1588 $, superiore al Prezzo Minimo di 30,1191 $. Le transazioni sono state eseguite come regolamenti fisici completi, con GRAT 1 che ha consegnato le azioni e ricevuto pagamenti in contanti basati sulla formula predeterminata.

Alerta de Operaciones con Información Privilegiada: Dean DeSantis, propietario del 10% de Celsius Holdings (CELH), informó la liquidación de tres tramos de un Contrato de Venta Variable Prepagado (VPF) originalmente celebrado el 1 de agosto de 2022. Las transacciones ocurrieron entre el 23 y el 25 de junio de 2025.

Detalles clave de la transacción:

  • Disposición total de 900,000 acciones comunes (300,000 acciones por día)
  • Precio de transacción de $40.1588 por acción (Precio Tope)
  • Las acciones se mantenían indirectamente a través de GRAT 1, LLC, donde DeSantis es uno de los dos representantes personales del Patrimonio de Carl DeSantis
  • Tras las transacciones, la propiedad beneficiaria de GRAT 1 disminuyó de 9,900,000 a 9,000,000 acciones

Los términos de liquidación del VPF se activaron porque el precio de liquidación de las acciones superó el Precio Tope de $40.1588, por encima del Precio Piso de $30.1191. Las transacciones se ejecutaron como liquidaciones físicas completas, con GRAT 1 entregando acciones y recibiendo pagos en efectivo basados en la fórmula predeterminada.

내부자 거래 알림: Celsius Holdings(CELH)의 10% 소유주인 Dean DeSantis가 2022년 8월 1일에 체결된 가변 선불 선도 매도 계약(VPF)의 세 차수 분할 정산을 보고했습니다. 거래는 2025년 6월 23일부터 25일 사이에 이루어졌습니다.

주요 거래 내용:

  • 900,000주 보통주 처분 (하루에 300,000주)
  • 거래 가격은 주당 $40.1588 (상한가)
  • 주식은 GRAT 1, LLC를 통해 간접 보유되었으며, DeSantis는 Carl DeSantis 유산의 두 개인 대표 중 한 명입니다
  • 거래 후 GRAT 1의 실질 소유 주식 수는 9,900,000주에서 9,000,000주로 감소

VPF 정산 조건은 주식 정산 가격이 상한가 $40.1588을 초과하고 하한가 $30.1191 이상일 때 발동되었습니다. 거래는 완전 물리적 정산 방식으로 실행되었으며, GRAT 1은 주식을 인도하고 미리 정해진 공식에 따라 현금 지급을 받았습니다.

Alerte sur les Transactions d'Initiés : Dean DeSantis, détenteur de 10 % de Celsius Holdings (CELH), a signalé le règlement de trois tranches d'un contrat de vente à terme prépayé variable (VPF) initialement conclu le 1er août 2022. Les transactions ont eu lieu entre le 23 et le 25 juin 2025.

Détails clés de la transaction :

  • Disposition totale de 900 000 actions ordinaires (300 000 actions par jour)
  • Prix de transaction de 40,1588 $ par action (Prix Plafond)
  • Les actions étaient détenues indirectement via GRAT 1, LLC, où DeSantis est l'un des deux représentants personnels de la succession de Carl DeSantis
  • Après les transactions, la propriété bénéficiaire de GRAT 1 a diminué de 9 900 000 à 9 000 000 d'actions

Les conditions de règlement du VPF ont été déclenchées car le prix de règlement de l'action a dépassé le Prix Plafond de 40,1588 $, supérieur au Prix Plancher de 30,1191 $. Les transactions ont été exécutées sous forme de règlements physiques complets, GRAT 1 livrant les actions et recevant des paiements en espèces basés sur la formule prédéterminée.

Insider-Handelsmeldung: Dean DeSantis, ein 10%iger Eigentümer von Celsius Holdings (CELH), meldete die Abwicklung von drei Tranchen eines variablen vorausbezahlten Forward-Verkaufsvertrags (VPF), der ursprünglich am 1. August 2022 abgeschlossen wurde. Die Transaktionen fanden zwischen dem 23. und 25. Juni 2025 statt.

Wichtige Transaktionsdetails:

  • Gesamtveräußerung von 900.000 Aktien Stammaktien (300.000 Aktien pro Tag)
  • Transaktionspreis von 40,1588 $ pro Aktie (Obergrenze)
  • Die Aktien wurden indirekt über GRAT 1, LLC gehalten, bei dem DeSantis einer von zwei persönlichen Nachlassvertretern des Nachlasses von Carl DeSantis ist
  • Nach den Transaktionen sank das wirtschaftliche Eigentum von GRAT 1 von 9.900.000 auf 9.000.000 Aktien

Die Abwicklungsbedingungen des VPF wurden ausgelöst, da der Abwicklungspreis der Aktie die Obergrenze von 40,1588 $ überstieg und über dem Mindestpreis von 30,1191 $ lag. Die Transaktionen wurden als vollständige physische Abwicklungen ausgeführt, wobei GRAT 1 Aktien lieferte und auf Basis der vorgegebenen Formel Barzahlungen erhielt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DeSantis Dean

(Last) (First) (Middle)
190 S.E. 5TH AVENUE, SUITE 200

(Street)
DELRAY BEACH FL 33483

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Celsius Holdings, Inc. [ CELH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/23/2025 J/K(2)(3)(4) 300,000 D $40.1588 9,600,000 I See Footnote(1)
Common Stock 06/24/2025 J/K(2)(3)(4) 300,000 D $40.1588 9,300,000 I See Footnote(1)
Common Stock 06/25/2025 J/K(2)(3)(4) 300,000 D $40.1588 9,000,000 I See Footnote(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Variable Prepaid Forward Sale Contract (obligation to sell) (2)(3)(4) 06/23/2025 J/K(2)(3)(4) 300,000 (2)(3)(4) (2)(3)(4) Common Stock 300,000 $0(2)(3)(4) 0 I See Footnote(1)
Variable Prepaid Forward Sale Contract (obligation to sell) (2)(3)(4) 06/24/2025 J/K(2)(3)(4) 300,000 (2)(3)(4) (2)(3)(4) Common Stock 300,000 $0(2)(3)(4) 0 I See Footnote(1)
Variable Prepaid Forward Sale Contract (obligation to sell) (2)(3)(4) 06/25/2025 J/K(2)(3)(4) 300,000 (2)(3)(4) (2)(3)(4) Common Stock 300,000 $0(2)(3)(4) 0 I See Footnote(1)
Explanation of Responses:
1. The Reporting Person is one of the two personal representatives of the Estate of Carl DeSantis, which holds a one hundred percent (100%) beneficial ownership interest in GRAT 1, LLC ("GRAT 1"). Accordingly, the Reporting Person has shared voting and dispositive control over the shares held by GRAT 1, LLC..
2. On June 23, 2025, June 24, 2025, and June 25, 2025 GRAT 1 settled three tranches of a prepaid variable forward sale transaction (the "VPF") entered into on August 1, 2022 with an unaffiliated third-party buyer. For these three tranches of the VPF, GRAT 1 elected full physical settlement.
3. In full physical settlement of each of these three tranches of the VPF, the contract for the VPF obligated (i) GRAT 1 to deliver to the buyer 300,000 shares (adjusted for stock splits) of CELH common stock T+1 (the "Share Number") following the maturity of these tranches (occurring on June 20, 2025, June 23, 2025, and June 24, 2025), and (ii) the buyer to pay GRAT 1 an amount in cash equal to: (a) if the volume-weighted average price of CELH common stock on the maturity date for the tranche (each, a "Settlement Price") was greater than $30.1191 (the "Floor Price"), but less than or equal to $40.1588 (the "Cap Price"), the product of (x) the Share Number and (y) the excess of Settlement Price over the Floor Price; and (b) if Settlement Price was greater than the Cap Price, the product of (x) the Share Number and (y) $10.0397.
4. On each of June 20, 2025, June 23, 2025, and June 24, 2025, the Settlement Price was greater than the Cap Price. Accordingly, GRAT 1 transferred to the buyer a number of CELH shares and the buyer paid GRAT 1 amounts in cash determined pursuant to the formula above.
/s/ Dean DeSantis 06/25/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CELH shares did Dean DeSantis sell in June 2025?

Dean DeSantis, through GRAT 1 LLC, sold a total of 900,000 shares of Celsius Holdings (CELH) common stock over three days: 300,000 shares each on June 23, June 24, and June 25, 2025, at a price of $40.1588 per share.

What was the nature of CELH insider Dean DeSantis's variable prepaid forward sale transaction?

The transaction was part of a prepaid variable forward sale (VPF) agreement entered on August 1, 2022. The VPF included three tranches that matured in June 2025, with GRAT 1 LLC obligated to deliver 300,000 shares per tranche. The agreement had a floor price of $30.1191 and a cap price of $40.1588, with settlement prices exceeding the cap price on all three transaction dates.

How many CELH shares does Dean DeSantis control after the June 2025 transactions?

After the three transactions, GRAT 1 LLC, where Dean DeSantis has shared voting and dispositive control as a personal representative of the Estate of Carl DeSantis, beneficially owned 9,000,000 shares of CELH, down from 9,900,000 shares before the transactions.

What is Dean DeSantis's relationship to Celsius Holdings (CELH)?

Dean DeSantis is a 10% owner of Celsius Holdings (CELH) and serves as one of two personal representatives of the Estate of Carl DeSantis, which holds 100% beneficial ownership interest in GRAT 1 LLC, giving him shared voting and dispositive control over the shares held by GRAT 1 LLC.
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