Celestica (NYSE: CLS) president sells 120,000 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celestica Inc. president Jason Phillips reported multiple equity transactions in early February 2026. On February 4, 2,537 restricted share units (RSUs) were converted into common shares at an exercise price of $0, and 1,116 common shares were withheld at $297.45 to cover taxes.
After these events, he sold 20,000 common shares on February 5 at $300.01 per share and 100,000 common shares on February 6 at $308.92 per share. Following the sales, he directly held 12,584 common shares and 5,074 RSUs. A footnote also notes 18,505 common shares previously omitted from earlier filings, now reflected through a Form 3 amendment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 120,000 shares ($36,892,200)
Net Sell
5 txns
Insider
Phillips Jason
Role
President
Sold
120,000 shs ($36.89M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 100,000 | $308.92 | $30.89M |
| Sale | Common Shares | 20,000 | $300.01 | $6.00M |
| Exercise | Restricted Share Units | 2,537 | $0.00 | -- |
| Exercise | Common Shares | 2,537 | $0.00 | -- |
| Tax Withholding | Common Shares | 1,116 | $297.45 | $332K |
Holdings After Transaction:
Common Shares — 12,584 shares (Direct);
Restricted Share Units — 5,074 shares (Direct)
Footnotes (1)
- Includes 18,505 common shares that were inadvertently omitted from the reporting person's previous filings, as reported on the Form 3 amendment filed on February 6, 2026. 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 7,611 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) president Jason Phillips report?
Jason Phillips reported RSU vesting, tax share withholding, and share sales. RSUs converted into 2,537 common shares, 1,116 shares were withheld for taxes, and he later sold 20,000 shares and 100,000 shares in two separate transactions at disclosed market prices.