Celestica (CLS) CFO exercises awards and receives new RSU grant
Rhea-AI Filing Summary
Celestica Inc.'s Chief Financial Officer, Mandeep Chawla, reported equity compensation activity involving performance share units (PSUs), restricted share units (RSUs), and common shares. On February 2, 2026, 183,674 PSUs and 7,382 RSUs were exercised into common shares at an exercise price of $0.
To cover related tax withholding, 98,321 common shares at $279.78 and 3,952 common shares at $280.99 were withheld, leaving 98,266 common shares directly owned after these transactions. The 183,674 PSUs were earned at 200% of target after committee certification and vested on January 31, 2026.
On February 3, 2026, Chawla was also granted 4,630 new RSUs, each representing a contingent right to one common share or cash, vesting ratably over three years on the first and second anniversaries of the grant date and on the December 1 following the second anniversary.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 4,630 | $0.00 | -- |
| Exercise | Performance Share Units | 183,674 | $0.00 | -- |
| Exercise | Restricted Share Units | 7,382 | $0.00 | -- |
| Exercise | Common Shares | 183,674 | $0.00 | -- |
| Tax Withholding | Common Shares | 98,321 | $279.78 | $27.51M |
| Exercise | Common Shares | 7,382 | $0.00 | -- |
| Tax Withholding | Common Shares | 3,952 | $280.99 | $1.11M |
Footnotes (1)
- Shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted share units ("RSUs") or performance share units ("PSUs"), as applicable. The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date. Each PSU represents a contingent right to receive one common share or an equivalent value in cash. Reflects PSUs deemed earned upon Human Resources and Compensation Committee certification of the achievement of pre-established performance parameters at 200% of the target. The common shares underlying these PSUs were issued to the reporting person following the vest on January 31, 2026. Each RSU represents a contingent right to receive one common share or an equivalent value in cash. On February 2, 2024, the reporting person was granted 22,148 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. On February 3, 2026, the reporting person was granted 4,630 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.
