CASCELLA ROBERT 4

What Happened

• Robert Cascella, a director of Celestica Inc. (CLS), had 84 restricted share units (RSUs) convert into common shares on June 30, 2026. Of those 84 shares, 5 were withheld to satisfy tax withholding obligations at $343.25 per share (total $1,716), leaving 79 net shares delivered to him. The RSU conversion shows no cash exercise price (common for RSU settlements).

Key Details

• Transaction date: June 30, 2026; Form 4 filed July 2, 2026.
• Vesting/conversion: 84 RSUs -> 84 shares (transaction code M = exercise/conversion of derivative).
• Tax withholding: 5 shares withheld (transaction code F) at $343.25/share = $1,716.
• Net shares received: 79 shares (84 gross − 5 withheld).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = shares withheld to cover tax withholding on RSU vesting; F2 = each RSU equals one common share or cash at holder's election; F3 = these RSUs come from a grant of 253 RSUs on June 30, 2025 that vest 1/3 annually.

Context

• This is an RSU vesting/settlement (award conversion), not a market purchase or open-market sale — such transactions are typically routine compensation-related events rather than a direct signal of trading intent.
• The withholding of shares to cover taxes is a common cashless settlement mechanism and does not represent a sale for investment purposes beyond tax liability.