Celestica Inc (NYSE: CLS) director details RSU vesting and share sale
Rhea-AI Filing Summary
Celestica Inc. director reports equity award activity and share withholding. A director of Celestica Inc. (CLS) reported several transactions dated 12/31/2025. The filing shows 4,266 common shares acquired at a stated price of $0 and 2,049 common shares disposed of at $299.45 to satisfy tax withholding on vested restricted share units (RSUs), leaving 18,547 common shares held directly.
Derivative tables show RSUs being exercised into common shares and director share units being credited. RSU grants made on December 31 of 2022, 2023, and 2024 each vest in three equal annual installments, and each RSU represents a contingent right to receive one common share or cash at the holder’s election. Director share units each represent a contingent right to receive one common share or cash when the holder ceases serving the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 2,736 | $0.00 | -- |
| Exercise | Restricted Share Units | 1,166 | $0.00 | -- |
| Exercise | Restricted Share Units | 364 | $0.00 | -- |
| Grant/Award | Director Share Units | 342 | $0.00 | -- |
| Exercise | Common Shares | 4,266 | $0.00 | -- |
| Tax Withholding | Common Shares | 2,049 | $299.45 | $614K |
Footnotes (1)
- Shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted share units ("RSUs"). The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date. Each RSU represents a contingent right to receive one common share or an equivalent value in cash at the holder's election. On December 31, 2022, the reporting person was granted 8,207 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date. On December 31, 2023, the reporting person was granted 3,500 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date. On December 31, 2024, the reporting person was granted 1,092 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date. Each director share unit represents a contingent right to receive one common share or an equivalent value in cash at the Issuer's discretion when the holder ceases to serve the Issuer as any of a director, consultant or other service provider.
FAQ
What insider transaction did Celestica Inc (CLS) report on this Form 4?
The filing reports a Celestica Inc. director acquiring 4,266 common shares and disposing of 2,049 common shares on 12/31/2025, related to equity award vesting and tax withholding.
Did the Celestica Inc (CLS) director file individually or jointly on this Form 4?
The document states that the Form 4 is filed by one reporting person, indicating it is an individual, not a joint or group, filing.