Celestica (CLS) Chief Strategy Officer exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celestica Inc. executive insider activity: Chief Strategy Officer Tzevelekis Theodoros reported multiple equity award events on February 5, 2026. Restricted share units (RSUs) covering 890 common shares and a separate grant covering 3,336 common shares were exercised into common shares at an exercise price of $0 per share.
To cover related tax obligations from RSU vesting, 395 common shares and 1,136 common shares were withheld at a price of $275.86 per share, as noted in the footnotes. Following these transactions, the filing shows direct beneficial ownership entries of 495 and 2,695 common shares, and 1,779 RSUs remaining from one award.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,226 shares exercised/converted
Mixed
6 txns
Insider
Tzevelekis Theodoros
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 890 | $0.00 | -- |
| Exercise | Restricted Share Units | 3,336 | $0.00 | -- |
| Exercise | Common Shares | 890 | $0.00 | -- |
| Tax Withholding | Common Shares | 395 | $275.86 | $109K |
| Exercise | Common Shares | 3,336 | $0.00 | -- |
| Tax Withholding | Common Shares | 1,136 | $275.86 | $313K |
Holdings After Transaction:
Restricted Share Units — 1,779 shares (Direct);
Common Shares — 890 shares (Direct)
Footnotes (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. On June 5, 2025, the reporting person was granted 2,669 RSUs, which vest ratably over a three-year period on February 4, 2026, February 4, 2027 and December 1, 2027. On June 5, 2025, the reporting person was granted 3,336 RSUs, which vest on February 5, 2026.
FAQ
What insider transaction did Celestica (CLS) report for its Chief Strategy Officer?
Celestica reported that Chief Strategy Officer Tzevelekis Theodoros exercised restricted share units into common shares on February 5, 2026. The events involved RSUs converting into shares and related share withholding to satisfy tax obligations arising from the RSU vesting.
How many Celestica (CLS) RSUs were exercised in the latest Form 4 filing?
The filing shows 890 restricted share units and a separate block of 3,336 restricted share units exercised into common shares at an exercise price of $0. Each RSU represents a contingent right to receive one Celestica common share or an equivalent cash value.
What are the vesting terms of the Celestica (CLS) RSU grants in this filing?
One RSU grant of 2,669 units vests ratably over three dates: February 4, 2026, February 4, 2027 and December 1, 2027. Another RSU grant of 3,336 units vests on February 5, 2026, after which units can convert into common shares or cash.