Celestica (CLS) CLO details RSU vesting, tax withholdings and share sales
Rhea-AI Filing Summary
Celestica Inc.'s Chief Legal Officer, Parker Douglas Michael, reported multiple transactions on February 4, 2026 related to the vesting of restricted share units (RSUs) and associated common share activity.
RSUs covering 1,159 and 883 common shares were exercised at an exercise price of $0 per share, reflecting the conversion of RSUs into common shares. To cover tax withholding on these vestings, 621 and 473 common shares were withheld, with reported prices of $286.8 and $283.51 per share, respectively, with the prices converted from Canadian dollars using the Bank of Canada rate on the transaction date.
The filing also shows open-market sales of 538 common shares at $286.8 per share and 410 common shares at $283.51 per share. Each RSU represents a contingent right to receive one common share or an equivalent value in cash, and prior RSU grants from February 4, 2025 are scheduled to vest over two- and three-year periods as described.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 1,159 | $0.00 | -- |
| Exercise | Restricted Share Units | 883 | $0.00 | -- |
| Exercise | Common Shares | 1,159 | $0.00 | -- |
| Tax Withholding | Common Shares | 621 | $286.80 | $178K |
| Sale | Common Shares | 538 | $286.80 | $154K |
| Exercise | Common Shares | 883 | $0.00 | -- |
| Tax Withholding | Common Shares | 473 | $283.51 | $134K |
| Sale | Common Shares | 410 | $283.51 | $116K |
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 4, 2025, the reporting person was granted 2,317 RSUs, which vest ratably over a two-year period on each of February 4, 2026 and February 4, 2027. On February 4, 2025, the reporting person was granted 2,648 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.