President Jason Phillips sold 120,000 CLS shares for $36.9M (avg $307.44), reducing holdings by 90.5% to 12.6K shares
Jason Phillips, President of Celestica, executed two separate sales totaling 120,000 shares for $36,892,200.00 on 2026-02-05 and 2026-02-06, with a blended average price of $307.44 against current price of $307.53. This represents a -90.5% reduction in his holdings from 132,584 shares to 12,584 shares. His cross-ticker track record shows 2 prior sells with a 90d well-timed rate of 100.00%, and at Celestica specifically, his 2 prior sales (on 2025-02-03 and 2025-01-31) each showed negative 90-day returns of -23.1% and -30.0% respectively, both well-timed. The magnitude of this sale—liquidating the vast majority of his position—combined with his demonstrated pattern of selling before subsequent declines at this ticker, warrants investor attention given Celestica's elevated P/E of 49.36 and strong revenue growth of 21.2% year-over-year.