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Celestica Inc (NYSE: CLS) president reports RSU awards and holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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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)
  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.
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
Restricted Share Units financial
"was granted 6,645 restricted share units ("RSUs"), which vest ratably"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
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"
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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.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Dorwart Steven Gregg

(Last)(First)(Middle)
5140 YONGE STREET
SUITE 1900

(Street)
TORONTOM2N 6L7

(City)(State)(Zip)

ONTARIO, CANADA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
07/06/2026
3. Issuer Name and Ticker or Trading Symbol
CELESTICA INC [ CLS ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units (1) (1)Common Shares2,215(2)D
Restricted Share Units (3) (3)Common Shares1,765(2)D
Restricted Share Units (4) (4)Common Shares7,649(2)D
Restricted Share Units (5) (5)Common Shares1,684(2)D
Explanation of Responses:
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.
2. Each RSU represents a contingent right to receive one common share or an equivalent value in cash at the holder's election.
3. 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.
4. On June 13, 2025, the reporting person was granted 7,649 RSUs, which vest on June 13, 2028.
5. 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.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Tracy Connely McGilley, attorney-in-fact07/14/2026
** Signature of Reporting PersonDate
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 5 (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.
* Form 3: SEC 1473 (03-26)