Celestica (CLS) COO Etienvre exercises PSUs, sells shares and gets new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celestica Inc. Chief Operations Officer Yann L. Etienvre reported multiple equity transactions dated February 2–3, 2026. He exercised 160,126 performance share units into the same number of common shares at an exercise price of $0 and 6,829 restricted share units into common shares.
To cover tax withholding on these vestings, 77,421 and 3,305 common shares were withheld at $287.45 per share. He then sold 82,705 and 3,524 common shares at $287.45 per share, leaving no common shares from those lots. On February 3, 2026, he also received a new grant of 4,209 restricted share units, each representing a contingent right to one common share or cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 86,229 shares ($24,786,526)
Net Sell
9 txns
Insider
Etienvre Yann L
Role
Chief Operations Officer
Sold
86,229 shs ($24.79M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 4,209 | $0.00 | -- |
| Exercise | Performance Share Units | 160,126 | $0.00 | -- |
| Exercise | Restricted Share Units | 6,829 | $0.00 | -- |
| Exercise | Common Shares | 160,126 | $0.00 | -- |
| Tax Withholding | Common Shares | 77,421 | $287.45 | $22.25M |
| Sale | Common Shares | 82,705 | $287.45 | $23.77M |
| Exercise | Common Shares | 6,829 | $0.00 | -- |
| Tax Withholding | Common Shares | 3,305 | $287.45 | $950K |
| Sale | Common Shares | 3,524 | $287.45 | $1.01M |
Holdings After Transaction:
Restricted Share Units — 4,209 shares (Direct);
Performance Share Units — 0 shares (Direct);
Common Shares — 160,126 shares (Direct)
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. 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 20,487 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 4,209 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 activity did Celestica (CLS) report for COO Yann Etienvre in February 2026?
Celestica reported that COO Yann L. Etienvre exercised 160,126 performance share units and 6,829 restricted share units into common shares. He then had shares withheld for taxes and sold additional shares at $287.45 per share, and received a new grant of 4,209 restricted share units.
What equity awards vested for Celestica COO Yann Etienvre on February 2, 2026?
On February 2, 2026, 160,126 performance share units and 6,829 restricted share units vested for Celestica’s COO. Each unit converted into one common share for no cash exercise price, consistent with the company’s performance and restricted share unit programs described in the footnotes.