Form 4: Celestica President Phillips Reports Share Transactions

Sentiment:

Insider Transaction Report 2 December 2025 4:14 PM

Celestica's President, Jason Phillips, reported the vesting of restricted share units and subsequent share transactions for tax obligations.

Summary

Jason Phillips, President of Celestica Inc., reported changes in beneficial ownership on December 1, 2025.
19,362 common shares were acquired through the vesting of Restricted Share Units (RSUs) at a price of $0.
8,510 common shares were disposed of at a price of $344.41 to satisfy tax withholding obligations arising from the RSU vesting.
Following these transactions, Phillips directly beneficially owns 10,852 common shares.
The RSUs originated from a grant of 58,085 units on January 31, 2023, which vest ratably over a three-year period.

Sentiment

Score: 6

Explanation: The filing reports routine executive compensation transactions involving the vesting of Restricted Share Units and subsequent share disposals for tax purposes. This is a standard event and does not indicate significant positive or negative strategic developments for the company.

Positives

Vesting of 19,362 Restricted Share Units (RSUs) indicates a successful compensation event for the President, aligning executive incentives with company performance.

Negatives

8,510 common shares were disposed of to cover tax withholding obligations, resulting in a net reduction of shares held from the gross vested amount.

Future Outlook

Industry Context

Stakeholder Impact

Shareholders: The transactions represent a routine aspect of executive compensation, with a minor, expected impact on share float due to RSU vesting and tax-related sales.
Employees: Reflects standard executive compensation practices, potentially reinforcing confidence in the company's compensation structure.

Key Dates

Date	Description
01/31/2023	Grant date of 58,085 Restricted Share Units (RSUs) to Jason Phillips.
12/01/2025	Transaction date for RSU vesting, acquisition of common shares, and disposal of shares for tax withholding.
12/02/2025	Signature date of the reporting person's attorney-in-fact.

Recommendation

hold

This Form 4 reports a routine executive compensation event involving the vesting of Restricted Share Units and subsequent share disposals for tax obligations. Such transactions are standard and do not provide new material information that would significantly alter the investment thesis for Celestica Inc. Therefore, a 'hold' recommendation is appropriate as this filing does not present a catalyst for a change in stock valuation.

Keywords

Celestica, CLS, Jason Phillips, Form 4, Insider Trading, Restricted Share Units, RSU Vesting, Executive Compensation, Share Ownership

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