Celsius (NASDAQ: CELH) director Cheryl Miller granted 2,611 RSUs in stock award

Rhea-AI Filing Summary

MILLER CHERYL reported acquisition or exercise transactions in this Form 4 filing.

Celsius Holdings, Inc. director Cheryl Miller reported an equity award of 2,611 shares of common stock in the form of restricted stock units. The RSUs were granted at no cash cost per share and will fully vest on the first anniversary of the grant date. Following this award, Miller directly holds 24,217 shares of Celsius common stock, including the granted RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MILLER CHERYL

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.001 par value per share	2,611	$0.00	--

Holdings After Transaction: Common Stock, $0.001 par value per share — 24,217 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

MILLER CHERYL

(Last) (First) (Middle)

2381 NW EXECUTIVE CENTER DR.

(Street)

BOCA RATON FL 33431

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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, $0.001 par value per share	02/27/2026		A		2,611(1)	A	$0	24,217	D

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

Explanation of Responses:

1. Consists of restricted stock units ("RSUs"), with each RSU providing for the right to receive one share of common stock, par value $0.001 per share, of Celsius Holdings, Inc. The RSUs fully vest on the first anniversary of the grant date.

Remarks:

See Exhibit 24.1 - Power of Attorney

	/s/ Richard Mattessich, Attorney-in-fact	03/03/2026
	** 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

What insider transaction did CELH director Cheryl Miller report?

Cheryl Miller reported receiving an equity award of 2,611 restricted stock units in Celsius Holdings, Inc. common stock. These RSUs represent a form of stock-based compensation rather than an open-market purchase of shares.

How many Celsius (CELH) shares did Cheryl Miller acquire in this Form 4?

Cheryl Miller acquired 2,611 shares of Celsius common stock through a grant of restricted stock units. Each RSU converts into one share of common stock upon vesting, increasing her reported direct holdings when they vest.

At what price were Cheryl Miller’s CELH restricted stock units granted?

The 2,611 restricted stock units were granted at a stated price of $0.0000 per share. This indicates a compensatory stock award rather than a purchase, with value realized as the units vest into common shares.

When do Cheryl Miller’s newly granted CELH RSUs vest?

The restricted stock units granted to Cheryl Miller fully vest on the first anniversary of the grant date. Once vested, each RSU entitles her to receive one share of Celsius Holdings, Inc. common stock.

What is Cheryl Miller’s total CELH share ownership after this Form 4?

After this reported grant, Cheryl Miller holds 24,217 shares of Celsius common stock directly. This total includes the 2,611 shares underlying the newly granted restricted stock units reported in the Form 4.

Is Cheryl Miller’s CELH Form 4 transaction a market purchase or a stock award?

The transaction is a stock award, not a market purchase. The Form 4 describes a grant of 2,611 restricted stock units at $0.0000 per share as compensation, which will convert into shares upon vesting.