CELESTICA INC·4

Feb 3, 4:21 PM ET

MIONIS ROBERT 4

4 · CELESTICA INC · Filed Feb 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Celestica (CLS) CEO Robert Mionis Exercises Awards, Withholds Shares

What Happened

  • Robert Mionis, CEO of Celestica Inc. (CLS), had performance/share units convert to common shares and a portion of those shares were withheld to satisfy tax withholding. On Feb 2, 2026, 814,060 shares were issued on conversion (780,376 + 33,684). Of those, 320,333 shares were withheld/treated as disposed to cover tax obligations at $280.99 per share, generating proceeds/value of $86,285,847 and $3,724,522 respectively (combined ~$90,010,369). On Feb 3, 2026 he was also granted 23,009 new RSUs that vest over three years.

Key Details

  • Transaction dates and prices:
    • Feb 2, 2026: Conversion/exercise of derivatives (M) — 780,376 and 33,684 shares issued at $0.00 (derivative conversion).
    • Feb 2, 2026: Shares withheld for tax/payment (F) — 307,078 and 13,255 shares disposed at $280.99 (values $86,285,847 and $3,724,522).
    • Feb 3, 2026: Grant (A) — 23,009 RSUs awarded (vesting over three years).
  • Total shares withheld/disposed to cover taxes: 320,333; combined value ≈ $90,010,369.
  • Shares owned after transaction: not specified in the filing.
  • Notable footnotes:
    • Shares were withheld to satisfy tax withholding on vested RSUs/PSUs (F1).
    • PSUs were certified at 200% of target and issued after vesting (F2–F3).
    • New RSU grant on Feb 3, 2026 vests ratably over three years (F6).
  • Filing timeliness: Report covers transactions on 2026-02-02 and was filed 2026-02-03 (appears timely).

Context

  • These entries reflect conversion/settlement of RSUs/PSUs and a net share settlement (cashless) where a portion of newly issued shares are withheld to satisfy tax obligations — a common, routine practice that is not the same as an open-market sell order.
  • The filing shows a large notional value due to the market price used for tax withholding but does not necessarily indicate proactive open-market selling for investment reasons.

Insider Transaction Report

Form 4
Period: 2026-02-02
MIONIS ROBERT
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Common Shares

    2026-02-02+780,3761,289,382 total
  • Tax Payment

    Common Shares

    [F1]
    2026-02-02$280.99/sh307,078$86,285,847982,304 total
  • Exercise/Conversion

    Common Shares

    2026-02-02+33,6841,015,988 total
  • Tax Payment

    Common Shares

    [F1]
    2026-02-02$280.99/sh13,255$3,724,5221,002,733 total
  • Exercise/Conversion

    Performance Share Units

    [F2][F3]
    2026-02-02780,3760 total
    From: 2026-01-31Common Shares (780,376 underlying)
  • Exercise/Conversion

    Restricted Share Units

    [F4][F5]
    2026-02-0233,68433,684 total
    Common Shares (33,684 underlying)
  • Award

    Restricted Share Units

    [F4][F6]
    2026-02-03+23,00923,009 total
    Common Shares (23,009 underlying)
Footnotes (6)
  • [F1]Shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted share units ("RSUs") or performance share units ("PSUs"), as applicable.
  • [F2]Each PSU represents a contingent right to receive one common share or an equivalent value in cash.
  • [F3]Reflects PSUs deemed earned upon Human Resources and Compensation Committee certification of the achievement of pre-established performance parameters at 200% of the target. The common shares underlying these PSUs were issued to the reporting person following the vest on January 31, 2026.
  • [F4]Each RSU represents a contingent right to receive one common share or an equivalent value in cash.
  • [F5]On February 2, 2024, the reporting person was granted 101,052 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.
  • [F6]On February 3, 2026, the reporting person was granted 23,009 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.
Signature
/s/ Tracy Connelly McGilley, attorney-in-fact|2026-02-03

Documents

1 file
  • 4
    ownership.xmlPrimary

    4