Parker Douglas Michael 4
4 · CELESTICA INC · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Celestica (CLS) Chief Legal Officer Parker Douglas Michael Sells Shares
What Happened
- Parker Douglas Michael, Chief Legal Officer of Celestica Inc. (CLS), had RSUs vest and was issued 5,864 shares on February 2, 2026 (conversion/exercise of RSUs). Of those, 3,140 shares were withheld to satisfy tax obligations (reported as F) valued at $901,117, and 2,724 shares were sold in open-market transactions on February 2, 2026 for total proceeds of $781,734. The filing also shows a new grant of 1,544 RSUs on February 3, 2026.
Key Details
- Transaction dates: February 2, 2026 (exercise/conversion, withholding, open-market sales); grant dated February 3, 2026.
- Prices reported: $286.98 per share (price was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date).
- Share counts and amounts:
- Exercised/converted: 3,449 and 2,415 RSUs (total 5,864 shares acquired).
- Shares withheld for taxes (F): 1,847 shares ($530,052) and 1,293 shares ($371,065) — total 3,140 shares ($901,117).
- Open-market sales (S): 1,602 shares ($459,742) and 1,122 shares ($321,992) — total 2,724 shares ($781,734).
- New RSU grant (A): 1,544 RSUs granted on Feb 3, 2026.
- Shares owned after the transaction: not specified in the provided filing data.
- Notable footnotes: F1 (shares withheld to satisfy tax withholding on RSU vesting); F2 (CAD→USD conversion); F3 (each RSU equals right to one share or cash); F4–F5 (prior RSU grants from Feb 12, 2024 vest ratably, with Feb 2, 2026 as a vesting date); F6 (new RSU grant vests over three dates).
- Filing timeliness: Filed Feb 3, 2026 for transactions on Feb 2, 2026 — filing appears timely.
Context
- These transactions reflect RSU vesting and a typical "cashless" outcome: shares were issued on vesting, some were withheld to cover taxes, and a portion was sold in the open market. Tax-withholding disposals (F) are routine and do not necessarily reflect a decision to liquidate beyond satisfying tax obligations. The new 1,544 RSU grant will vest per the schedule in the footnote (ratably over specified anniversaries).
Insider Transaction Report
Form 4
Parker Douglas Michael
Chief Legal Officer
Transactions
- Exercise/Conversion
Common Shares
2026-02-02+3,449→ 3,449 total - Tax Payment
Common Shares
[F1][F2]2026-02-02$286.98/sh−1,847$530,052→ 1,602 total - Sale
Common Shares
[F2]2026-02-02$286.98/sh−1,602$459,742→ 0 total - Exercise/Conversion
Common Shares
2026-02-02+2,415→ 2,415 total - Tax Payment
Common Shares
[F1][F2]2026-02-02$286.98/sh−1,293$371,065→ 1,122 total - Sale
Common Shares
[F2]2026-02-02$286.98/sh−1,122$321,992→ 0 total - Exercise/Conversion
Restricted Share Units
[F3][F4]2026-02-02−3,449→ 3,449 total→ Common Shares (3,449 underlying) - Exercise/Conversion
Restricted Share Units
[F3][F5]2026-02-02−2,415→ 2,414 total→ Common Shares (2,415 underlying) - Award
Restricted Share Units
[F3][F6]2026-02-03+1,544→ 1,544 total→ Common Shares (1,544 underlying)
Footnotes (6)
- [F1]Shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted share units ("RSUs").
- [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 RSU represents a contingent right to receive one common share or an equivalent value in cash.
- [F4]On February 12, 2024, the reporting person was granted 10,347 RSUs, which vest ratably over a three-year period on February 2, 2025, February 2, 2026 and December 1, 2026.
- [F5]On February 12, 2024, the reporting person was granted 7,243 RSUs, which vest ratably over a three-year period on February 2, 2025, February 2, 2026 and December 1, 2026.
- [F6]On February 3, 2026, the reporting person was granted 1,544 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