Kale Jill 4

What Happened

• Jill Kale, a director of Celestica Inc. (CLS), had 155 restricted share units (RSUs) convert into common shares on June 30, 2026. The RSUs converted at $0.00 exercise price; 9 of the resulting shares were withheld to cover tax withholding obligations (disposed) for a reported value of $343.25 per share, totaling $3,089. After withholding, Kale received 146 net shares (155 converted - 9 withheld).

Key Details

• Transaction date: June 30, 2026.
• Conversion: 155 RSUs converted to 155 common shares (reported at $0.00).
• Tax withholding: 9 shares disposed at $343.25 each = $3,089 to satisfy tax obligations.
• Net shares delivered to insider: 146 shares.
• Footnotes: F1 = shares withheld to satisfy tax withholding on RSU vesting; F2 = each RSU equals one common share (or cash equivalent at holder's election); F3 = original grant was 466 RSUs on June 30, 2025, with 1/3 vesting annually over 3 years (this vesting event reflects the first anniversary tranche).
• Shares owned after the transaction: not stated in the provided excerpt.
• Filing timeliness: no late filing indicator provided in the supplied data.

Context

• This was a routine RSU vesting and conversion event, not an open-market purchase or voluntary sale (only the minimum shares were surrendered/withheld to cover taxes). Such transactions are common compensation events for insiders and do not, by themselves, indicate a buy or sell signal in the market.