Celestica (NYSE: CLS) director RSUs vest with small share withholding for taxes
Rhea-AI Filing Summary
Celestica Inc. director Robert Cascella reported routine equity compensation activity involving restricted share units (RSUs) and related tax withholding. On June 30, 2026, 84 RSUs converted into 84 common shares at a conversion price of $0.00 per share.
To cover tax obligations from this vesting, 5 common shares were withheld at a value of $343.25 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, Cascella directly held 231 common shares and 169 RSUs, reflecting ongoing equity-based compensation rather than discretionary share trading.
Positive
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Negative
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Insights
Routine RSU vesting with minor tax share withholding, not discretionary trading.
Director Robert Cascella had 84 restricted share units convert into common shares of Celestica Inc., reflecting scheduled equity compensation. The exercise price was $0.00, which is typical for RSU vesting and indicates no cash outlay to acquire the shares.
To satisfy tax obligations arising from this vesting, 5 common shares were withheld at $343.25 per share. This F-code transaction is a tax-withholding disposition, not an open-market sale, so it carries limited informational value for sentiment. Following the transactions, Cascella held 231 common shares and 169 RSUs, showing he retains a meaningful equity position tied to future performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 84 | $0.00 | -- |
| Exercise | Common Shares | 84 | $0.00 | -- |
| Tax Withholding | Common Shares | 5 | $343.25 | $2K |
Footnotes (1)
- Shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted share units ("RSUs"). Each RSU represents a contingent right to receive one common share or an equivalent value in cash at the holder's election. On June 30, 2025, the reporting person was granted 253 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date.