Celestica (CLS) CLO reports RSU grant, vesting and stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celestica Inc.’s Chief Legal Officer, Parker Douglas Michael, reported multiple equity award activities. On February 2, 2026, 3,449 and 2,415 restricted share units (RSUs) were exercised into common shares at $286.98 per share value reference, with 1,847 and 1,293 shares withheld to cover taxes and 1,602 and 1,122 common shares sold at the same price, leaving no common shares from those lots. On February 3, 2026, he received a new grant of 1,544 RSUs, each representing one common share or cash equivalent, vesting ratably over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,724 shares ($781,734)
Net Sell
9 txns
Insider
Parker Douglas Michael
Role
Chief Legal Officer
Sold
2,724 shs ($782K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 1,544 | $0.00 | -- |
| Exercise | Restricted Share Units | 3,449 | $0.00 | -- |
| Exercise | Restricted Share Units | 2,415 | $0.00 | -- |
| Exercise | Common Shares | 3,449 | $0.00 | -- |
| Tax Withholding | Common Shares | 1,847 | $286.98 | $530K |
| Sale | Common Shares | 1,602 | $286.98 | $460K |
| Exercise | Common Shares | 2,415 | $0.00 | -- |
| Tax Withholding | Common Shares | 1,293 | $286.98 | $371K |
| Sale | Common Shares | 1,122 | $286.98 | $322K |
Holdings After Transaction:
Restricted Share Units — 1,544 shares (Direct);
Common Shares — 3,449 shares (Direct)
Footnotes (1)
- Shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted share units ("RSUs"). The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date. Each RSU represents a contingent right to receive one common share or an equivalent value in cash. On February 12, 2024, the reporting person was granted 10,347 RSUs, which vest ratably over a three-year period on February 2, 2025, February 2, 2026 and December 1, 2026. On February 12, 2024, the reporting person was granted 7,243 RSUs, which vest ratably over a three-year period on February 2, 2025, February 2, 2026 and December 1, 2026. On February 3, 2026, the reporting person was granted 1,544 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) report for its Chief Legal Officer?
Celestica’s Chief Legal Officer, Parker Douglas Michael, reported RSU vesting, tax-share withholding, and share sales. On February 2, 2026, RSUs converted into common shares, some shares were withheld for taxes, and 1,602 and 1,122 shares were sold at $286.98 per share.
What prior RSU grants to Celestica (CLS) Chief Legal Officer are referenced?
The filing notes RSU grants made on February 12, 2024 of 10,347 and 7,243 units. These awards vest ratably over three years on February 2, 2025, February 2, 2026, and December 1, 2026, forming the basis for the 2026 RSU vesting activity reported.