Kale Jill 4

What Happened

• Jill Kale, a director of Celestica Inc. (CLS), had RSUs convert to common shares and received a new RSU grant on March 31, 2026. A conversion/exercise event resulted in 287 shares acquired at $0.00 (RSUs converting to common shares). To satisfy tax withholding, 17 of those shares were withheld (disposed) at a reported value of $257.27 each, totaling $4,374. Separately on the same date she was granted 276 new RSUs (no cash cost), subject to vesting.

Key Details

• Transaction date: March 31, 2026; Form filed April 2, 2026 (no late filing indicated).
• Conversions/vestings: 287 shares converted from RSUs at $0.00 (derivative conversion).
• Tax withholding: 17 shares withheld/disposed at $257.27/share = $4,374 (footnote F1).
• New grant: 276 RSUs granted (footnote F4); each RSU represents a right to one share or cash (footnote F2).
• Earlier grant: 861 RSUs granted on March 31, 2025, vesting 1/3 annually (footnote F3).
• Shares owned after transaction: not specified in the filing.

Context

• These transactions are compensation-related (RSU vesting and a new RSU award), not an open-market purchase or a voluntary sale; withholding of shares to cover taxes is a routine administrative step, not a market-directional trade.
• The filing shows “M” (exercise/conversion of a derivative) and “A” (award/grant) codes—this reflects RSU conversion into common shares and a new RSU grant.