KOELLNER LAURETTE T 4
4 · CELESTICA INC · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Celestica (CLS) Director Laurette Koellner Receives Awards
What Happened Laurette T. Koellner, a director of Celestica Inc. (CLS), received director equity awards coded as derivative grants. The filing shows two awards: 108 director share units granted 2026-05-19 and 810 director restricted share units (D‑RSUs) granted 2026-05-20. Both grants are reported at $0.00 in the filing (derivative awards), for a total of 918 units. The 810 D‑RSUs granted on 5/20/2026 vest on the first anniversary of the grant (5/20/2027).
Key Details
- Transaction type: A = Award/Grant (derivative instruments)
- Dates and amounts: 108 units on 2026-05-19 @ $0.00; 810 D‑RSUs on 2026-05-20 @ $0.00
- Total awarded: 918 director units
- Vesting/settlement: 810 D‑RSUs vest 1 year after grant (per footnote F3); director share units are contingent on cessation of service (per F1)
- Shares owned after transaction: Not specified in the filing
- Filing date and timeliness: Report filed 2026-05-20 covering transactions on 5/19 and 5/20; appears to be filed promptly
- Relevant footnotes: F1 (director share units — contingent right to one common share or cash on cessation of service), F2 (D‑RSU — contingent right to one common share or cash, subject to deferral), F3 (810 D‑RSUs vest on first anniversary)
Context These are compensation awards to a board member, not open‑market purchases or sales. Director share units and D‑RSUs are common forms of director pay that typically convert to shares (or cash equivalent) upon vesting or when the director leaves service, so they do not alone indicate personal market sentiment. Because these are derivative awards (reported at $0), there is no cash exchanged at grant in the filing.
Insider Transaction Report
- Award
Director Share Units
[F1]2026-05-19+108→ 554 total→ Common Shares (108 underlying) - Award
Director Restricted Share Units
[F2][F3]2026-05-20+810→ 810 total→ Common Shares (810 underlying)
Footnotes (3)
- [F1]Each director share unit represents a contingent right to receive one common share or an equivalent value in cash at the Issuer's discretion when the holder ceases to serve the Issuer as any of a director, consultant or other service provider.
- [F2]Each director restricted share unit ("D-RSU") represents a contingent right to receive one common share upon settlement, subject to the reporting person's deferral election, or, at the Issuer's election, an equivalent value in cash.
- [F3]On May 20, 2026, the reporting person was granted 810 D-RSUs, which vest on the first anniversary of the grant date.