Chawla Mandeep, chief financial officer of Celestica Inc. (CLS), has been a consistent seller of company stock over the past year, with Form 4 filings showing 38 total transactions and no open-market purchases. The aggregate sell value across those filings reached approximately $19.2 million, all in CLS shares, while acquisition values were zero. The most recent activity, clustered on July 31, 2026, comprised five open-market sales totaling roughly $175,931, with individual transactions ranging from about $14,756 to $58,013.
The heavier selling occurred on June 15, 2026, when Mandeep executed 13 separate open-market sales totaling approximately $6.7 million. That day’s transactions included several large blocks, with the two biggest sales valued at roughly $1.51 million and $1.44 million, alongside smaller dispositions ranging from about $16,152 to $659,949. The pattern is unambiguous: every discretionary trade in the filing history is a sale, with no "P" (purchase) codes recorded at any point.
Earlier in the year, the filings also show routine compensation-related activity that is not discretionary. On February 2 and February 4, 2026, Mandeep exercised options (coded "M" with zero value) and had shares withheld to cover taxes (coded "F"), including one withholding valued at approximately $27.5 million on February 2. A grant (coded "A") was recorded on February 3. These transactions reflect standard equity compensation mechanics rather than directional bets, but the open-market sales in June and July establish a clear selling bias over the recent period.
AI-assisted summary