Celestica (NYSE: CLS) CEO exercises RSUs and withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celestica Inc. Chief Executive Officer Robert Mionis reported equity compensation activity involving restricted share units (RSUs) and common shares. On February 4, 2026, 12,133 RSUs were converted into 12,133 common shares at an exercise price of $0, increasing his directly held common shares.
To cover tax withholding arising from this RSU vesting, 4,775 common shares were withheld at a price of $297.45. After these transactions, Mionis directly owned 1,010,091 common shares and 24,267 RSUs. Each RSU represents a contingent right to receive one common share or an equivalent cash amount, and the RSUs referenced stem from a 36,400-unit grant made on February 4, 2025 that vests in stages over a three-year period.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,133 shares exercised/converted
Mixed
3 txns
Insider
MIONIS ROBERT
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 12,133 | $0.00 | -- |
| Exercise | Common Shares | 12,133 | $0.00 | -- |
| Tax Withholding | Common Shares | 4,775 | $297.45 | $1.42M |
Holdings After Transaction:
Restricted Share Units — 24,267 shares (Direct);
Common Shares — 1,014,866 shares (Direct)
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. On February 4, 2025, the reporting person was granted 36,400 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.
FAQ
What insider transactions did Celestica (CLS) CEO Robert Mionis report?
Robert Mionis reported the vesting and exercise of 12,133 restricted share units into 12,133 Celestica common shares at $0, and the withholding of 4,775 common shares at $297.45 to satisfy related tax obligations, all held directly.
What does the RSU transaction code "M" mean in the Celestica (CLS) Form 4?
In this Form 4, transaction code "M" indicates the exercise or conversion of derivative securities, specifically 12,133 restricted share units converting into 12,133 Celestica common shares at an exercise price of $0, increasing the CEO’s directly held common share position.
What are the terms of the 36,400 Celestica (CLS) RSUs granted to the CEO?
The filing notes a grant of 36,400 restricted share units on February 4, 2025. These RSUs 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, subject to the plan’s conditions.