Form 4: Celestica Inc. Executive Alok K. Agrawal Reports Share Transactions
SEC Form 4 Filing
Alok K. Agrawal, Chief Strategy Officer of Celestica Inc., reports acquisition and disposal of common shares and restricted share units.
Summary
- On February 3, 2025, Alok K. Agrawal sold 14,634 common shares at $122.28.
- On February 5, 2025, 14,178 Restricted Share Units (RSUs) vested and were converted into common shares.
- Also on February 5, 2025, 7,352 shares were withheld to cover tax obligations at $133.92.
- Additionally, on February 5, 2025, 6,826 shares were sold at $133.92.
- On February 4, 2025, Agrawal was granted 1,324 RSUs that vest ratably over three years.
- Following these transactions, Agrawal directly owns 9,224 common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The reporting person was granted 1,324 RSUs, which vest ratably over a three-year period on each of the first and second anniversaries of the grant date and on December 1 following the second anniversary of the grant date.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It's common for executives to receive and trade company stock as part of their compensation.
Stakeholder Impact
- Shareholders are informed about the insider trading activities of a key executive.
- The transactions may have a minor impact on the stock's liquidity.
Key Dates
| Date | Description |
|---|---|
| 2021-11-05 | Reporting person was granted 14,178 RSUs, which vest on February 5, 2025. |
| 2025-02-03 | 14,634 common shares sold at $122.28. |
| 2025-02-04 | 1,324 RSUs granted, vesting ratably over three years. |
| 2025-02-05 | 14,178 RSUs vested, 7,352 shares withheld for taxes at $133.92, and 6,826 shares sold at $133.92. |
Keywords
Form 4, Celestica Inc, Alok K. Agrawal, share transactions, restricted share units, insider trading
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