Form 4: Celestica Inc. Executive Jason Phillips Reports Transaction
SEC Form 4 Filing
Jason Phillips, President of Celestica Inc., reports the disposition of common shares and acquisition of restricted share units.
Summary
- On February 3, 2025, Jason Phillips, President of Celestica Inc., disposed of 95,979 common shares at a price of $122.28 per share.
- On February 4, 2025, Phillips was granted 7,611 Restricted Share Units (RSUs).
- These RSUs vest ratably over a three-year period.
Sentiment
Score: 5
Explanation: This is a neutral report of transactions. The sale of shares could be for personal financial management, and the grant of RSUs is a standard compensation practice.
Future Outlook
The RSUs vest ratably over a three-year period, indicating a continued alignment of the executive's interests with the company's long-term performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in Jason Phillips' holdings of Celestica Inc. securities.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Disposition of 95,979 common shares. |
| 02/04/2025 | Grant of 7,611 Restricted Share Units (RSUs). |
| 02/05/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Restricted Share Units, Common Shares, Celestica Inc., Jason Phillips, Executive Compensation, Securities Transaction
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