Celsius Holdings, Inc. Files Definitive Proxy Statement

Ticker: CELH · Form: DEF 14A · Filed: Apr 12, 2024 · CIK: 1341766

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Celsius Holdings, Executive Compensation, Corporate Governance

TL;DR

<b>Celsius Holdings, Inc. has filed its Definitive Proxy Statement for the period ending May 28, 2024, detailing executive compensation and corporate governance matters.</b>

AI Summary

Celsius Holdings, Inc. (CELH) filed a Proxy Statement (DEF 14A) with the SEC on April 12, 2024. Celsius Holdings, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 12, 2024. The filing covers the period ending May 28, 2024. The company's principal executive offices are located at 2424 N. Federal Hwy, Suite 208, Boca Raton, FL 33431. Celsius Holdings, Inc. was formerly known as VECTOR VENTURES CORP. until October 18, 2005. The filing includes details related to executive compensation, stock awards, and option awards for both PEO and Non-PEO members.

Why It Matters

For investors and stakeholders tracking Celsius Holdings, Inc., this filing contains several important signals. This DEF 14A filing is crucial for shareholders as it outlines proposals to be voted on at the annual meeting, including executive compensation plans and director elections. Understanding the executive compensation details and any changes in awards can provide insights into management's performance expectations and the company's financial health.

Risk Assessment

Risk Level: — Celsius Holdings, Inc. shows moderate risk based on this filing. The filing is a routine DEF 14A, providing information on corporate governance and executive compensation rather than material financial performance changes.

Analyst Insight

Shareholders should review the proxy statement to understand executive compensation, director nominations, and any other proposals requiring their vote.

Key Numbers

Key Players & Entities

FAQ

When did Celsius Holdings, Inc. file this DEF 14A?

Celsius Holdings, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 12, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Celsius Holdings, Inc. (CELH).

Where can I read the original DEF 14A filing from Celsius Holdings, Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Celsius Holdings, Inc..

What are the key takeaways from Celsius Holdings, Inc.'s DEF 14A?

Celsius Holdings, Inc. filed this DEF 14A on April 12, 2024. Key takeaways: Celsius Holdings, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 12, 2024.. The filing covers the period ending May 28, 2024.. The company's principal executive offices are located at 2424 N. Federal Hwy, Suite 208, Boca Raton, FL 33431..

Is Celsius Holdings, Inc. a risky investment based on this filing?

Based on this DEF 14A, Celsius Holdings, Inc. presents a moderate-risk profile. The filing is a routine DEF 14A, providing information on corporate governance and executive compensation rather than material financial performance changes.

What should investors do after reading Celsius Holdings, Inc.'s DEF 14A?

Shareholders should review the proxy statement to understand executive compensation, director nominations, and any other proposals requiring their vote. The overall sentiment from this filing is neutral.

How does Celsius Holdings, Inc. compare to its industry peers?

Celsius Holdings operates in the beverage industry, specifically focusing on energy drinks.

Are there regulatory concerns for Celsius Holdings, Inc.?

The filing is a DEF 14A, a standard SEC filing for companies soliciting proxies from shareholders for annual or special meetings.

Industry Context

Celsius Holdings operates in the beverage industry, specifically focusing on energy drinks.

Regulatory Implications

The filing is a DEF 14A, a standard SEC filing for companies soliciting proxies from shareholders for annual or special meetings.

What Investors Should Do

  1. Review the detailed executive compensation breakdown for key management personnel.
  2. Analyze proposals related to director elections and corporate governance changes.
  3. Understand any shareholder proposals or voting recommendations provided in the statement.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for annual meetings and does not represent a change in financial reporting compared to previous periods.

Filing Stats: 4,792 words · 19 min read · ~16 pages · Grade level 12.1 · Accepted 2024-04-12 16:17:15

Key Financial Figures

Filing Documents

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 7 SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE 10 PROPOSAL NO. 1 - ELECTION OF DIRECTORS 11 INFORMATION ABOUT THE BOARD OF DIRECTORS, COMMITTEES AND CORPORATE GOVERNANCE 14 EXECUTIVE OFFICERS 22

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 38 DIRECTOR COMPENSATION 49 CORPORATE GOVERNANCE HIGHLIGHTS 51 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 52 PROPOSAL NO. 2 RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2024 53 REPORT OF THE AUDIT AND ENTERPRISE RISK COMMITTEE 54 OTHER MATTERS 54 Appendix A Table of Contents GENERAL INFORMATION ABOUT THE ANNUAL MEETING CELSIUS HOLDINGS, INC. 2424 N. Federal Highway, Suite 208 Boca Raton, Florida 33431 (561) 276-2239 PROXY STATEMENT Annual Meeting of Stockholders to be Held on May 28, 2024 GENERAL INFORMATION ABOUT THE ANNUAL MEETING This proxy statement, along with the accompanying Notice of the Annual Meeting of Stockholders, contains information about the 2024 Annual Meeting of Stockholders of Celsius Holdings, Inc., including any adjournments or postponements thereof (the "Annual Meeting"). The Annual Meeting will be held at 8:30 a.m. Eastern Time on May 28, 2024, or such later date or dates as such Annual Meeting date may be adjourned. When used in this proxy statement, unless otherwise indicated, the terms "the Company," "Celsius," "we," "us" and "our" refer collectively to Celsius Holdings, Inc. and its subsidiaries. Pursuant to rules adopted by the Securities and Exchange Commission (the "SEC"), the Company uses the Internet as the primary means of furnishing proxy materials to its stockholders. Accordingly, the Company is sending a Notice of Internet Availability of Proxy Materials (the "Notice") to the Company's stockholders. The Notice, proxy statement, form of proxy and our 2023 Annual Report are first being distributed and made available to stockholders via the Internet on or about April 12, 2024, to all stockholders of record as of April 1, 2024, who are entitled to virtually attend and vote at the Annual Meeting. This proxy statement has been prepared by the m

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