Celestica Inc (NYSE: CLS) president reports RSU awards and holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Celestica Inc president Steven Gregg Dorwart filed an initial insider ownership report showing direct holdings of several restricted share unit awards linked to common shares. Footnotes describe RSU grants of 6,645, 2,648, 7,649 and 1,684 units between 2024 and 2026 with multi‑year vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Dorwart Steven Gregg
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 2,215 shares (Direct)
Footnotes (1)
- On February 2, 2024, the reporting person was granted 6,645 restricted share units ("RSUs"), which vest ratably over a three-year period on each of the first and second anniversaries of the grant date and on December 1 following the second anniversary of the grant date. Each RSU represents a contingent right to receive one common share or an equivalent value in cash at the holder's election. On February 4, 2025, the reporting person was granted 2,648 RSUs, which vest ratably over a three-year period on each of the first and second anniversaries of the grant date and on December 1 following the second anniversary of the grant date. On June 13, 2025, the reporting person was granted 7,649 RSUs, which vest on June 13, 2028. On February 3, 2026, the reporting person was granted 1,684 RSUs, which vest ratably over a three-year period on each of the first and second anniversaries of the grant date and on December 1 following the second anniversary of the grant date.
Key Figures
RSU grant on February 2, 2024: 6,645 RSUs
RSU grant on February 4, 2025: 2,648 RSUs
RSU grant on June 13, 2025: 7,649 RSUs
+3 more
6 metrics
RSU grant on February 2, 2024
6,645 RSUs
Grant to Steven Gregg Dorwart vesting ratably over three years from the grant date
RSU grant on February 4, 2025
2,648 RSUs
Grant vesting ratably over three years with two anniversaries and a December 1 tranche
RSU grant on June 13, 2025
7,649 RSUs
Grant vesting in full on June 13, 2028
RSU grant on February 3, 2026
1,684 RSUs
Grant vesting ratably over three years with final tranche after the second anniversary
RSU position A underlying shares
1,684 common shares
Underlying common shares for one restricted share unit position held directly
RSU position B underlying shares
7,649 common shares
Underlying common shares for another restricted share unit position held directly
Key Terms
Restricted Share Units, vest ratably, contingent right, equivalent value in cash
4 terms
vest ratably financial
"which vest ratably over a three-year period on each of the first"
contingent right financial
"Each RSU represents a contingent right to receive one common share"
equivalent value in cash financial
"one common share or an equivalent value in cash at the holder's election"
FAQ
What does the Celestica (CLS) Form 3 for Steven Gregg Dorwart disclose?
It discloses initial insider ownership for Celestica’s president Steven Gregg Dorwart, listing several restricted share unit (RSU) awards tied to common shares, along with grant sizes and multi‑year vesting schedules from 2024 through 2026.
How many RSUs were granted to Celestica (CLS) president Dorwart according to this Form 3?
Footnotes report RSU grants of 6,645, 2,648, 7,649 and 1,684 units. These awards were granted between February 2024 and February 2026 and vest over multi‑year periods rather than all at once.
What are the vesting terms of Dorwart’s RSUs at Celestica (CLS)?
Several RSU grants vest ratably over three years: on each of the first and second anniversaries of the grant date and on December 1 following the second anniversary. Another 7,649‑unit grant vests in full on June 13, 2028.
Are the Celestica (CLS) Form 3 entries open‑market buys or sells?
No. The entries are classified as holdings with unknown transaction codes and show Dorwart’s RSU positions rather than open‑market purchases or sales. The transaction summary reports no buy or sell share activity in this Form 3.
What security underlies Dorwart’s RSUs reported for Celestica (CLS)?
Each RSU is linked to Celestica common shares. Footnotes state that each unit represents a contingent right to receive one common share or an equivalent value in cash, at the holder’s election, upon vesting and settlement.