Cooper Todd C 4

What Happened Todd C. Cooper, President of Celestica Inc. (CLS), was granted 160,126 performance share units (PSUs) on 2026-01-29. The filing lists the grant as a derivative award with a $0.00 per-unit price (reported value $0 on Form 4). These PSUs reflect a contingent right to receive common shares (or cash equivalent) pending certification of performance.

Key Details

• Transaction date: 2026-01-29; Form 4 filed 2026-01-30 (timely filing).
• Award: 160,126 PSUs; reported price $0.00; reported value $0 (derivative grant).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote F1: Each PSU represents a contingent right to one common share or equivalent cash.
• Footnote F2: These PSUs were deemed earned at 200% of target by the Human Resources and Compensation Committee; the underlying common shares will be issued following vesting on January 31, 2026.
• No indication of a 10b5-1 plan, sale, gift, or tax-withholding event in the filing.

Context PSUs are a form of equity compensation that convert into actual shares (or cash) only if performance and vesting conditions are met; they are not an immediate purchase or sale. This grant reflects compensation and performance settlement rather than a buying/selling decision by the insider.