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Celsius Holdings (NASDAQ: CELH) investors back directors, pay and EY audit

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Celsius Holdings, Inc. reported the results of its Annual Meeting of Stockholders held on May 28, 2026. Stockholders elected 10 directors to serve until the 2027 annual meeting, with each nominee receiving more votes for than against.

Stockholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 152,191,085 votes for and 4,591,285 against. In addition, they ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 190,729,091 votes for and 199,278 against.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Votes for John Fieldly 155,523,958 votes Director election at 2026 Annual Meeting
Say-on-pay votes for 152,191,085 votes Advisory approval of executive compensation
Say-on-pay votes against 4,591,285 votes Advisory approval of executive compensation
Broker non-votes on say-on-pay 33,986,950 votes Advisory executive compensation proposal
Auditor ratification votes for 190,729,091 votes Ratification of Ernst & Young LLP for FY 2026
Auditor ratification votes against 199,278 votes Ratification of Ernst & Young LLP for FY 2026
Auditor ratification abstentions 162,300 votes Ratification of Ernst & Young LLP for FY 2026
Broker non-votes on director elections 33,986,950 votes Each of the 10 director election proposals
Annual Meeting of Stockholders financial
"held its Annual Meeting of Stockholders (the “Annual Meeting”)."
Say on Pay financial
"Proposal 2: Say on Pay – To approve a non-binding advisory resolution"
Say on pay is a shareholder vote—typically nonbinding—on a company’s executive compensation package, allowing investors to approve or reject how top managers are paid. Think of it as a public performance review: widespread disapproval can signal poor governance, prompt changes to pay practices, attract activist investors, and influence investor confidence and share value. It matters because it gives owners a direct way to influence compensation that affects company incentives and long-term performance.
non-binding advisory financial
"approved, on a non-binding, advisory basis, the resolution regarding the compensation"
A non-binding advisory is a formal recommendation or vote that expresses shareholder or stakeholder opinion but does not create a legal obligation for a company to act. It matters to investors because it signals how influential groups view management decisions or policies; markets often react to that signal as if it were binding, even though the company can ignore it. Think of it like a public opinion poll that can pressure leaders but cannot force a change.
independent registered public accounting firm financial
"as the Company’s independent registered public accounting firm for the fiscal year"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
broker non-Votes financial
"Votes For | | Votes Against | | Abstentions | | Broker non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
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NASDAQ false 0001341766 0001341766 2026-05-28 2026-05-28
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 28, 2026

 

 

CELSIUS HOLDINGS, INC.

(Exact name of registrant as specified in charter)

 

 

 

Nevada   001-34611   20-2745790
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

  (IRS Employer
Identification No.)

 

2381 NW Executive Center Drive

Boca Raton, Florida

  33431
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number including area code: (561) 276-2239

Not Applicable

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange

on which registered

Common Stock, $0.001 par value per share   CELH   Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.07. Submission of Matters to a Vote of Security Holders.

On May 28, 2026, Celsius Holdings, Inc., a Nevada corporation (the “Company”), held its Annual Meeting of Stockholders (the “Annual Meeting”). The Company’s stockholders voted on the three proposals listed below at the Annual Meeting. The final voting results for each proposal are set forth in the following tables. For more information about each of the proposals, please see the Company’s definitive proxy statement previously filed with the Securities and Exchange Commission on April 14, 2026.

Proposal 1: Election of Directors – To elect the 10 nominees listed below as Directors to hold office until the 2027 annual meeting of stockholders and until their respective successors are duly elected and qualified.

 

Name   Votes For   Votes Against   Abstentions   Broker non-Votes
John Fieldly   155,523,958   1,436,499     143,261   33,986,950
Nicholas Castaldo   153,288,447   3,669,489     145,782   33,986,950
Damon DeSantis   151,493,437   5,458,454     151,827   33,986,950

Christy Jacoby

  150,258,273   5,049,895   1,795,550   33,986,950
Hal Kravitz   156,065,392     879,918     158,408   33,986,950
Caroline Levy   153,830,070   3,099,155     174,493   33,986,950
Cheryl Miller   154,986,246   1,941,431     176,041   33,986,950
Fletcher Previn   154,892,801     396,076   1,814,841   33,986,950
Joyce Russell   152,687,780   4,253,390     162,548   33,986,950
John Short   154,841,499     456,779   1,805,440   33,986,950

Each nominee was elected by the Company’s stockholders, as recommended by the Company’s Board of Directors.

Proposal 2: Say on Pay – To approve a non-binding advisory resolution regarding the compensation of the Company’s Named Executive Officers.

 

Votes For    Votes Against    Abstentions    Broker non-Votes
152,191,085    4,591,285    321,348    33,986,950

The Company’s stockholders approved, on a non-binding, advisory basis, the resolution regarding the compensation of the Company’s Named Executive Officers, as recommended by the Company’s Board of Directors.

Proposal 3: Ratification of the Appointment of Independent Registered Public Accounting Firm To ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

 

Votes For    Votes Against    Abstentions    Broker non-Votes
190,729,091    199,278    162,300    0

The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified by the Company’s stockholders, as recommended by the Company’s Board of Directors.

 


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: May 28, 2026     By:  

/s/ Richard Mattessich

     

Richard Mattessich, Chief Legal Officer

FAQ

What did Celsius Holdings (CELH) shareholders vote on at the 2026 annual meeting?

Shareholders voted on electing 10 directors, approving executive compensation on an advisory basis, and ratifying Ernst & Young LLP as independent auditor for the fiscal year ending December 31, 2026, with each proposal receiving strong support.

Were all Celsius Holdings (CELH) director nominees elected at the 2026 annual meeting?

Yes, all 10 director nominees were elected. Each candidate, including John Fieldly and other board members, received more votes for than against, based on detailed tallies reported to stockholders after the May 28, 2026 Annual Meeting.

How did Celsius Holdings (CELH) shareholders vote on executive compensation in 2026?

Shareholders approved the non-binding advisory resolution on executive compensation, with 152,191,085 votes for, 4,591,285 votes against, and 321,348 abstentions. There were 33,986,950 broker non-votes reported for this say-on-pay proposal at the 2026 Annual Meeting.

Which audit firm did Celsius Holdings (CELH) shareholders ratify for fiscal 2026?

Shareholders ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 190,729,091 votes for, 199,278 votes against, and 162,300 abstentions, and no broker non-votes reported on this proposal.

When was the 2026 Celsius Holdings (CELH) Annual Meeting of Stockholders held?

The Annual Meeting of Stockholders was held on May 28, 2026. At this meeting, investors voted on director elections, an advisory say-on-pay resolution, and the ratification of Ernst & Young LLP as the company’s independent registered public accounting firm.

How many broker non-votes occurred on Celsius Holdings (CELH) proposals in 2026?

For the director elections and say-on-pay proposal, 33,986,950 broker non-votes were reported. The auditor ratification proposal recorded zero broker non-votes, reflecting that brokers were generally permitted to vote on the auditor item under applicable exchange rules.

Filing Exhibits & Attachments

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