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Celestica (CLS) director Jill Kale reports RSU vesting, new grant and tax share withholding

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

Rhea-AI Filing Summary

Celestica Inc. director Jill Kale reported routine equity compensation activity. On March 31, 2026, she exercised 287 Restricted Share Units (RSUs) into 287 Common Shares at $0.00 per share and had 17 Common Shares withheld at $257.27 per share to cover tax obligations.

She also received a new grant of 276 RSUs, each representing a contingent right to one Common Share or cash. Following these transactions, she directly holds 270 Common Shares and continues to hold RSUs granted on March 31, 2025 and March 31, 2026 that vest over three years.

Positive

  • None.

Negative

  • None.
Insider Kale Jill
Role Director
Type Security Shares Price Value
Exercise Restricted Share Units 287 $0.00 --
Grant/Award Restricted Share Units 276 $0.00 --
Exercise Common Shares 287 $0.00 --
Tax Withholding Common Shares 17 $257.27 $4K
Holdings After Transaction: Restricted Share Units — 574 shares (Direct); Common Shares — 287 shares (Direct)
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 March 31, 2025, the reporting person was granted 861 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date. On March 31, 2026, the reporting person was granted 276 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date.
RSUs exercised 287 RSUs Exercised into 287 Common Shares on March 31, 2026
Tax shares withheld 17 shares at $257.27 Shares withheld to cover tax obligations on RSU vesting
New RSU grant 276 RSUs Granted March 31, 2026, vesting 1/3 annually over three years
Post-transaction Common Shares 270 shares Directly held Common Shares after tax withholding disposition
2025 RSU grant size 861 RSUs Granted March 31, 2025, vesting 1/3 annually over three years
Exercise price for RSUs $0.00 per unit Conversion of Restricted Share Units into 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."
vesting financial
"1/3 of which vest annually over 3 years on the anniversary of the grant date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant financial
"On March 31, 2026, the reporting person was granted 276 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date."
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*
Kale Jill

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

(Street)
TORONTOONTARIO, CANADAM2N 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)
03/31/2026
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 Shares03/31/2026M287A$0287D
Common Shares03/31/2026F17(1)D$257.27270D
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)03/31/2026M287 (3) (3)Common Shares287$0574D
Restricted Share Units(2)03/31/2026A276 (4) (4)Common Shares276$0276D
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 March 31, 2025, the reporting person was granted 861 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date.
4. On March 31, 2026, the reporting person was granted 276 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date.
/s/ Tracy Connelly McGilley, attorney-in-fact04/02/2026
** 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 transaction did Celestica (CLS) director Jill Kale report?

Director Jill Kale reported routine equity compensation activity, including exercising 287 RSUs into Common Shares and receiving a new grant of 276 RSUs. A small portion of shares was withheld to satisfy tax obligations tied to RSU vesting.

How many Celestica (CLS) shares did Jill Kale acquire through RSU vesting?

Jill Kale acquired 287 Celestica Common Shares through the exercise of 287 Restricted Share Units at a conversion price of $0.00. This reflects RSUs vesting rather than open-market buying, and increases her directly held Common Share position reported in the filing.

What new RSU grant did Jill Kale receive from Celestica (CLS)?

On March 31, 2026, Jill Kale received a grant of 276 Restricted Share Units from Celestica. Each RSU represents a contingent right to receive one Common Share or an equivalent cash value, vesting in three equal annual installments after the grant date.

Why were 17 Celestica (CLS) shares withheld from Jill Kale’s holdings?

Celestica withheld 17 Common Shares from Jill Kale at $257.27 per share to satisfy tax withholding obligations arising from RSU vesting. This Form 4 disposition reflects tax payment mechanics, not an open-market sale, and is common in equity compensation programs.

How do Jill Kale’s Celestica (CLS) RSUs vest over time?

RSUs granted to Jill Kale on March 31, 2025 and March 31, 2026 each vest in three equal annual installments. For the 2025 grant, 861 RSUs vest one-third per year, providing a staggered schedule that ties ongoing compensation to continued service and company performance.

What does each Celestica (CLS) Restricted Share Unit represent for Jill Kale?

Each Restricted Share Unit represents a contingent right for Jill Kale to receive one Celestica Common Share or an equivalent cash amount. Settlement occurs as units vest over time, aligning her compensation with the company’s equity value rather than immediate cash payments.