Wong Leila 4
4 · CELESTICA INC · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
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
Wong Leila
Chief Human Resources Officer
Transactions
- Exercise/Conversion
Common Shares
2026-02-02+61,224→ 75,116 total - Tax Payment
Common Shares
[F1][F2]2026-02-02$286.98/sh−32,774$9,405,483→ 42,342 total - Sale
Common Shares
[F2]2026-02-02$286.98/sh−28,450$8,164,581→ 13,892 total - Exercise/Conversion
Common Shares
2026-02-02+3,230→ 17,122 total - Tax Payment
Common Shares
[F1]2026-02-02$287.45/sh−1,730$497,289→ 15,392 total - Sale
Common Shares
2026-02-02$287.45/sh−1,500$431,175→ 13,892 total - Exercise/Conversion
Performance Share Units
[F3][F4]2026-02-02−61,224→ 0 totalFrom: 2026-01-31→ Common Shares (61,224 underlying) - Exercise/Conversion
Restricted Share Units
[F5][F6]2026-02-02−3,230→ 3,230 total→ Common Shares (3,230 underlying) - Award
Restricted Share Units
[F5][F7]2026-02-03+2,315→ 2,315 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