Celsius Holdings Updates Executive Compensation Arrangements
Ticker: CELH · Form: 8-K · Filed: Feb 2, 2024 · CIK: 1341766
| Field | Detail |
|---|---|
| Company | Celsius Holdings, INC. (CELH) |
| Form Type | 8-K |
| Filed Date | Feb 2, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $500,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: compensatory-arrangements, executive-compensation, corporate-governance
TL;DR
**Celsius Holdings just updated its executive pay, watch for potential impacts on management incentives.**
AI Summary
Celsius Holdings, Inc. filed an 8-K on February 2, 2024, to report changes in its executive compensation arrangements. This filing indicates that the company is updating how it compensates its officers, which could impact future financial performance and executive retention. For investors, this matters because executive compensation structures can influence management's incentives and ultimately the company's strategic direction and profitability.
Why It Matters
Changes in executive compensation can signal shifts in company strategy or a focus on retaining key talent, directly impacting investor confidence and future operational efficiency.
Risk Assessment
Risk Level: low — This filing is administrative, reporting standard changes in compensation arrangements, which typically carries low direct risk.
Analyst Insight
Investors should monitor future filings for details on the specific changes to compensatory arrangements, as these could influence executive performance and long-term company strategy.
Key Players & Entities
- Celsius Holdings, Inc. (company) — the registrant filing the 8-K
- February 2, 2024 (date) — date of earliest event reported and filing date
- Nevada (company) — state of incorporation for Celsius Holdings, Inc.
- 001-34611 (company) — Commission File Number for Celsius Holdings, Inc.
- 20-2745790 (company) — IRS Employer Identification No. for Celsius Holdings, Inc.
- Boca Raton, Florida (company) — principal executive offices location for Celsius Holdings, Inc.
- 561-276-2239 (company) — telephone number for Celsius Holdings, Inc.
- Common Stock, $0.001 par value per share (company) — class of securities registered by Celsius Holdings, Inc.
- CELH (company) — trading symbol for Celsius Holdings, Inc.
- Nasdaq Capital Market (company) — exchange where Celsius Holdings, Inc. securities are registered
FAQ
What was the specific date of the earliest event reported in this 8-K filing by Celsius Holdings, Inc.?
The earliest event reported in this 8-K filing by Celsius Holdings, Inc. occurred on February 2, 2024.
What items of information did Celsius Holdings, Inc. report in this 8-K filing?
Celsius Holdings, Inc. reported 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits' in this 8-K filing.
What is the trading symbol and the exchange where Celsius Holdings, Inc.'s common stock is registered?
The trading symbol for Celsius Holdings, Inc.'s common stock is CELH, and it is registered on the Nasdaq Capital Market.
What is the state of incorporation for Celsius Holdings, Inc.?
Celsius Holdings, Inc. is incorporated in Nevada.
What is the business address and phone number of Celsius Holdings, Inc. as listed in the filing?
The business address is 2424 N Federal Highway, Suite 208, Boca Raton, Florida 33431, and the telephone number is (561) 276-2239.
Filing Stats: 1,050 words · 4 min read · ~4 pages · Grade level 12.8 · Accepted 2024-02-02 16:32:36
Key Financial Figures
- $0.001 — ange on Which Registered Common Stock, $0.001 par value per share CELH Nasdaq Capital
- $500,000 — y Mr. Langhans an annual base salary of $500,000, which amount is subject to periodic re
Filing Documents
- celh-20240202.htm (8-K) — 30KB
- langhansemploymentagreemen.htm (EX-10.1) — 252KB
- image_0.jpg (GRAPHIC) — 0KB
- 0001341766-24-000010.txt ( ) — 469KB
- celh-20240202.xsd (EX-101.SCH) — 2KB
- celh-20240202_def.xml (EX-101.DEF) — 15KB
- celh-20240202_lab.xml (EX-101.LAB) — 29KB
- celh-20240202_pre.xml (EX-101.PRE) — 16KB
- celh-20240202_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No Description 10.1 Employment Agreement with Jarrod Langhans, effective January 1, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CELSIUS HOLDINGS, INC. Date: February 2, 2024 By: /s/ Richard Mattessich Richard Mattessich, Chief Legal Officer