KOELLNER LAURETTE T 4
Research Summary
AI-generated summary
Celestica (CLS) Director Laurette Koellner Receives Award
What Happened
- Laurette T. Koellner, a director of Celestica Inc. (CLS), received a grant of 276 director share units on 2026-03-31. The filing reports the award as 276 units at $0.00 (derivative instrument); the Form 4 shows acquisition via award, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-31
- Transaction type/code: Grant / Award (A); derivative award of 276 units @ $0.00 (reported value $0)
- Shares owned after transaction: Not specified in the provided filing data
- Footnote: Each director share unit is a contingent right to receive one common share or an equivalent cash value at the issuer’s discretion when the holder ceases to serve (per footnote F1)
- Filing timeliness: No late‑filing indication provided in the supplied information
Context
- These director share units are a form of deferred compensation for directors and do not represent immediate share ownership or a market purchase/sale. They typically convert to shares or cash when the director leaves service, so they are not an immediate bullish or bearish trading signal.