Form 4: Celestica Inc. Executive Douglas Michael Parker Reports Transaction in Company Stock

Chief Legal Officer Douglas Michael Parker reports the disposition of common shares and acquisition of restricted share units in Celestica Inc.

Summary

• On February 3, 2025, Douglas Michael Parker, Chief Legal Officer of Celestica Inc., disposed of 2,723 common shares at a price of $122.05 per share.
• On February 4, 2025, Parker was granted 2,648 Restricted Share Units (RSUs).
• Each RSU represents a contingent right to receive one common share or an equivalent value in cash at the holder's election.
• The RSUs 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.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The grant of RSUs to the Chief Legal Officer aligns his interests with the long-term performance of the company.

Future Outlook

The RSUs vest over a three-year period, indicating a long-term incentive for the reporting person.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Celestica Inc, Douglas Michael Parker, Chief Legal Officer, Form 4, Restricted Share Units, Common Shares, Disposition, Acquisition, RSU, Stock Transaction