CELESTICA INC·4

Feb 3, 4:22 PM ET

Wong Leila 4

4 · CELESTICA INC · Filed Feb 3, 2026

Research Summary

AI-generated summary of this filing

Updated

CELESTICA (CLS) CHRO Leila Wong Exercises Awards, Sells Shares

What Happened

  • Leila Wong, Chief Human Resources Officer of Celestica (CLS), converted/ exercised a total of 64,454 derivative awards (PSUs/RSUs) on Feb 2, 2026 and immediately settled those awards. Of the converted shares, 34,504 were withheld to satisfy tax obligations (value reported: $9,902,772) and 29,950 were sold in the open market for aggregate proceeds of $8,595,756 (sales at about $286.98–$287.45 per share). On Feb 3, 2026 she was also granted 2,315 new RSUs that vest over three years.

Key Details

  • Transaction dates: conversions and sales on 2026-02-02; new grant on 2026-02-03. Filing date: 2026-02-03 (timely).
  • Conversion totals: 64,454 shares converted (61,224 + 3,230). Shares withheld for taxes: 34,504 (32,774 + 1,730) with reported value ~$9.903M. Open-market sales: 29,950 shares (28,450 + 1,500) for ~$8.596M.
  • Prices: open-market sale prices reported at $286.98 and $287.45 per share (one price converted from CAD to USD per footnote).
  • Notable footnotes: tax withholding to satisfy withholding obligations on vesting awards (F1); PSUs were deemed earned at 200% of target and shares were issued following vesting (F4); new 2,315 RSUs vest ratably over three years (F7).
  • Shares owned after the transactions are not specified in the provided summary of the filing.

Context

  • This was an award vesting and settlement event rather than a straightforward market buy. The pattern—derivatives/awards converting to shares, withholding of a portion for taxes, and sale of the remainder—is a common cashless settlement to cover tax obligations and realize net proceeds. Such routine settlements following vesting aren’t necessarily a directional signal about the insider’s view of the company.

Insider Transaction Report

Form 4
Period: 2026-02-02
Wong Leila
Chief Human Resources Officer
Transactions
  • Exercise/Conversion

    Common Shares

    2026-02-02+61,22475,116 total
  • Tax Payment

    Common Shares

    [F1][F2]
    2026-02-02$286.98/sh32,774$9,405,48342,342 total
  • Sale

    Common Shares

    [F2]
    2026-02-02$286.98/sh28,450$8,164,58113,892 total
  • Exercise/Conversion

    Common Shares

    2026-02-02+3,23017,122 total
  • Tax Payment

    Common Shares

    [F1]
    2026-02-02$287.45/sh1,730$497,28915,392 total
  • Sale

    Common Shares

    2026-02-02$287.45/sh1,500$431,17513,892 total
  • Exercise/Conversion

    Performance Share Units

    [F3][F4]
    2026-02-0261,2240 total
    From: 2026-01-31Common Shares (61,224 underlying)
  • Exercise/Conversion

    Restricted Share Units

    [F5][F6]
    2026-02-023,2303,230 total
    Common Shares (3,230 underlying)
  • Award

    Restricted Share Units

    [F5][F7]
    2026-02-03+2,3152,315 total
    Common Shares (2,315 underlying)
Footnotes (7)
  • [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]The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
  • [F3]Each PSU represents a contingent right to receive one common share or an equivalent value in cash.
  • [F4]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.
  • [F5]Each RSU represents a contingent right to receive one common share or an equivalent value in cash.
  • [F6]On February 2, 2024, the reporting person was granted 9,690 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.
  • [F7]On February 3, 2026, the reporting person was granted 2,315 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