Form 4: Celestica CFO Reports RSU Vesting and Tax-Related Share Sale

Celestica's CFO, Mandeep Chawla, reported the vesting of restricted share units and subsequent tax-related share dispositions.

Summary

• Mandeep Chawla, Chief Financial Officer of Celestica Inc., reported transactions involving common shares and Restricted Share Units (RSUs).
• On February 4, 2026, 2,537 common shares were acquired due to the vesting of RSUs.
• Concurrently, 1,359 common shares were disposed of at a price of $297.45 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Mandeep Chawla beneficially owns 99,444 common shares directly.
• The reporting person also holds 5,074 Restricted Share Units.
• The RSUs that vested were part of a grant of 7,611 RSUs on February 4, 2025, which vest ratably over a three-year period.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine insider transaction related to executive compensation and tax obligations, which typically has a neutral impact on market sentiment.

Positives

• Vesting of Restricted Share Units indicates the fulfillment of long-term incentive compensation for the Chief Financial Officer.
• The acquisition of shares through RSU vesting increases the CFO's direct ownership in the company, aligning interests with shareholders.

Negatives

• A portion of the vested shares (1,359 common shares) was sold to cover tax withholding obligations, which is a common practice but reduces the net increase in direct share ownership.

Industry Context

StockSavvy.ai notes that insider transaction filings like this Form 4 provide transparency into executive compensation and ownership, which can be a factor in investor sentiment. These routine filings are common for executives receiving equity-based compensation.

Key Dates

Keywords

Celestica, CLS, Mandeep Chawla, CFO, Restricted Share Units, RSU vesting, insider transaction, Form 4, equity compensation, share ownership