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Celestica (CLS) COO sells vested shares after RSU conversion

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Celestica Inc. Chief Operations Officer Yann L. Etienvre reported several equity transactions dated February 4, 2026. He exercised 2,217 restricted share units into common shares at an exercise price of $0. To cover tax withholding on the RSU vesting, 1,072 common shares were withheld.

After withholding, 1,145 common shares were sold at $283.51 per share, leaving him with 0 directly held common shares following the sale. He continued to beneficially own 4,435 restricted share units, each representing a contingent right to receive one common share or an equivalent cash amount.

Positive

  • None.

Negative

  • None.
Insider Etienvre Yann L
Role Chief Operations Officer
Sold 1,145 shs ($325K)
Type Security Shares Price Value
Exercise Restricted Share Units 2,217 $0.00 --
Exercise Common Shares 2,217 $0.00 --
Tax Withholding Common Shares 1,072 $283.51 $304K
Sale Common Shares 1,145 $283.51 $325K
Holdings After Transaction: Restricted Share Units — 4,435 shares (Direct); Common Shares — 2,217 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. On February 4, 2025, the reporting person was granted 6,652 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.
SEC Form 4
FORM 4 UNITED 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*
Etienvre Yann L

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

(Street)
TORONTO A6 M2N 6L7

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CELESTICA INC [ CLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operations Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Shares 02/04/2026 M 2,217 A $0 2,217 D
Common Shares 02/04/2026 F 1,072(1) D $283.51 1,145 D
Common Shares 02/04/2026 S 1,145 D $283.51 0 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units (2) 02/04/2026 M 2,217 (3) (3) Common Shares 2,217 $0 4,435 D
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.
3. On February 4, 2025, the reporting person was granted 6,652 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.
/s/ Tracy Connelly McGilley, attorney-in-fact 02/06/2026
** Signature of Reporting Person Date
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.

FAQ

What insider activity did Celestica (CLS) report for its COO?

Celestica’s Chief Operations Officer Yann L. Etienvre exercised 2,217 restricted share units into common shares, had 1,072 shares withheld for taxes, and sold 1,145 shares at $283.51 on February 4, 2026, ending with no directly held common shares.

How many Celestica (CLS) RSUs does the COO hold after this Form 4?

After the reported transactions, Yann L. Etienvre beneficially owned 4,435 restricted share units. Each RSU gives a contingent right to receive one Celestica common share or an equivalent cash amount, subject to the vesting schedule disclosed in the footnotes.

What price was received for the Celestica (CLS) shares sold by the COO?

The Form 4 shows a sale of 1,145 Celestica common shares at a price of $283.51 per share. This sale took place on February 4, 2026, following the conversion of restricted share units into common shares on the same date.

Why were some Celestica (CLS) shares withheld in the COO’s Form 4 filing?

The filing states that 1,072 Celestica common shares were withheld to satisfy tax withholding obligations arising from the vesting of restricted share units. Withholding shares for taxes is a common method to meet payroll tax requirements on equity compensation.

What are Celestica (CLS) restricted share units held by the COO?

Each Celestica restricted share unit represents a contingent right to receive one common share or an equivalent cash value. The filing notes a prior grant of 6,652 RSUs vesting ratably over three years, with specific vesting dates tied to the grant anniversary and December 1.

When were the Celestica (CLS) RSUs originally granted to the COO?

The RSUs referenced in the Form 4 were granted on February 4, 2025. They 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, according to the footnote disclosure.