Celestica (CLS) COO sells vested shares after RSU conversion
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 1,145 shares ($324,619)
Net Sell
4 txns
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)
- 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.
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.
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.