Research Summary
AI-generated summary of this SEC filing
Celestica (CLS) CFO Mandeep Chawla Sells Shares
What Happened
Mandeep Chawla, Chief Financial Officer of Celestica Inc. (CLS), sold a total of 883 shares in open-market transactions on July 31, 2026, generating approximately $323,635 in proceeds. The sales were executed in nine blocks at reported per-share prices ranging from $360.00 to $374.03 (individual reported block values: $29,880; $58,013; $29,170; $58,562; $44,112; $14,756; $29,600; $44,581; $14,961). These were outright sales (code S) — typically routine dispositions rather than an indicated purchase or bullish signal.
Key Details
- Transaction date: 2026-07-31 (filed Form 4 on 2026-08-03; filing appears timely).
- Aggregate shares sold: 883; aggregate proceeds: ~$323,635. Per-share prices reported between $360.00 and $374.03 (some entries report weighted-average prices for multiple executions).
- Shares owned after transaction: Not specified in the excerpt provided — consult the full Form 4 for post-transaction beneficial ownership.
- Notable footnotes: F1 states the trades were effected pursuant to a Rule 10b5-1 plan adopted March 13, 2026. Footnotes F2–F7 note that several reported prices are weighted averages of multiple executions and give the price ranges for those lots.
- Transaction type: S = Sale (open market). No derivative exercises, awards, or gifts reported.
Context
Sales executed under a pre-established Rule 10b5-1 plan are generally scheduled in advance and are commonly treated as routine insider dispositions rather than a near-term signal about company prospects. Footnotes indicate multiple executions at slightly different prices (small ranges), which is typical when a block is filled in several trades. For full details on post-transaction holdings or exact per-trade fills, check the complete Form 4 filing (accession 0001193125-26-330950).