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Celestica (NYSE: CLS) director RSUs vest with small share withholding for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

  • None.

Negative

  • None.

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 CASCELLA ROBERT
Role null
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
Holdings After Transaction: Restricted Share Units — 169 shares (Direct, null); Common Shares — 231 shares (Direct, null)
Footnotes (1)
  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.
Tax-withheld shares 5 shares at $343.25 Shares withheld to satisfy tax obligations on RSU vesting
RSUs converted 84 RSUs Converted into common shares on June 30, 2026 at $0.00
Common shares after transactions 231 shares Direct holdings following June 30, 2026 transactions
RSUs remaining 169 RSUs Derivative holdings following June 30, 2026 transactions
Original RSU grant 253 RSUs Granted June 30, 2025, vesting 1/3 annually over 3 years
Exercise price $0.00 per RSU Conversion price on RSU vesting to common shares
Restricted Share Units financial
"Shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted share units ("RSUs")."
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.
tax withholding obligations financial
"Shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted share units ("RSUs")."
contingent right financial
"Each RSU represents a contingent right to receive one common share or an equivalent value in cash at the holder's election."
vest annually financial
"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."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CASCELLA ROBERT

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

(Street)
TORONTOM2N 6L7

(City)(State)(Zip)

ONTARIO, CANADA

(Country)
2. Issuer Name and Ticker or Trading Symbol
CELESTICA INC [ CLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares06/30/2026M84A$0231D
Common Shares06/30/2026F5(1)D$343.25226D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(2)06/30/2026M84 (3) (3)Common Shares84$0169D
Explanation of Responses:
1. Shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted share units ("RSUs").
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 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.
/s/ Tracy Connelly McGilley, attorney-in-fact07/02/2026
** 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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transactions did Celestica (CLS) director Robert Cascella report?

Robert Cascella reported vesting of 84 restricted share units into common shares and withholding of 5 shares for tax obligations. These actions reflect routine equity compensation mechanics rather than discretionary open-market buying or selling of Celestica stock.

How many Celestica (CLS) shares does Robert Cascella hold after this Form 4?

After the reported transactions, Robert Cascella directly holds 231 Celestica common shares. He also holds 169 restricted share units, which represent contingent rights to receive additional common shares or cash, aligning his compensation with Celestica’s future performance.

Was the Celestica (CLS) Form 4 for a stock sale or tax withholding?

The Form 4 shows 5 Celestica shares withheld at $343.25 each to satisfy tax obligations from RSU vesting. This F-code transaction is tax withholding, not an open-market stock sale, and is part of routine equity compensation administration.

What RSU grant is referenced in Robert Cascella’s Celestica (CLS) filing?

The footnotes state that on June 30, 2025, Robert Cascella was granted 253 restricted share units, with one-third vesting annually over three years. The 84 RSUs that vested on June 30, 2026 represent the first scheduled installment of that grant.

What does each Celestica (CLS) RSU represent for Robert Cascella?

Each restricted share unit represents a contingent right to receive one Celestica common share or equivalent cash value at Cascella’s election. This structure ties a portion of his compensation directly to Celestica’s share value over time, encouraging long-term alignment.