Tzevelekis Theodoros 4

What Happened

Theodoros Tzevelekis, Chief Strategy Officer of Celestica Inc. (CLS), received a grant of 1,263 restricted share units (RSUs) on February 3, 2026. The Form 4 reports the award as a derivative acquisition (code A) at $0.00 per unit (total $0 reported). Each RSU represents a contingent right to one common share or an equivalent cash value at vesting.

Key Details

• Transaction date: 2026-02-03 (reported on the same date).
• Reported transaction: Grant/Award of 1,263 RSUs (derivative), reported at $0.00 per unit.
• Vesting: RSUs vest ratably over a three-year period — on the first and second anniversaries of the grant date and on December 1 following the second anniversary (per footnote).
• Shares owned after transaction: Not specified in the information provided in this summary.
• Filing timeliness: Filing date equals transaction date (no late filing indicated in this record).
• Notes: Footnote clarifies each RSU equals a contingent right to one common share or cash at settlement.

Context

This is a compensation-related award, not an open-market purchase or sale; such grants are common for executive pay and do not by themselves indicate buying or selling sentiment. As these are RSUs, value to the insider depends on future vesting and the company's stock price at settlement.