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.
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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.
How many Celestica Inc (CLS) shares does the director own after the reported transactions?
After the reported 12/31/2025 transactions, the director beneficially owns 18,547 Celestica Inc. common shares directly.
What were the terms of the restricted share units reported by Celestica Inc (CLS)?
The filing notes RSU grants on December 31, 2022, December 31, 2023, and December 31, 2024, each vesting 1/3 annually over 3 years on the grant date anniversary. Each RSU represents a contingent right to receive one common share or equivalent cash at the holder’s election.
Why were some Celestica Inc (CLS) shares disposed of in this insider filing?
The filing explains that 2,049 shares were withheld or sold to satisfy tax withholding obligations arising from the vesting of restricted share units.
What are Celestica Inc (CLS) director share units mentioned in the filing?
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 as a director, consultant, or other service provider.
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.