Maletira Amar 4

What Happened

• Maletira Amar, a director of Celestica Inc. (CLS), was granted a total of 760 director equity units via two awards: 121 director share units on May 19, 2026 and 639 director restricted share units (D‑RSUs) on May 20, 2026. Both awards are derivative (reported at $0.00 in the Form 4) — they are contingent rights to receive common shares or cash at settlement, not immediate open‑market purchases.

Key Details

• Transaction type: A = Award/Grant (derivative awards)
• Dates and amounts: 121 units granted 2026-05-19; 639 D‑RSUs granted 2026-05-20
• Reported price: $0.00 per unit (derivative award; no cash paid at grant)
• Vesting/settlement: 639 D‑RSUs vest on the first anniversary of the grant (per footnote); the 121 director share units vest/settle when the holder ceases service (contingent)
• Shares owned after transaction: not specified in the excerpt of the filing provided
• Filing timeliness: Form 4 was filed 2026-05-20 for transactions on 2026-05-19 and 2026-05-20 — appears to be a timely disclosure

Context

• These are equity awards (not purchases or sales). Derivative awards like director share units and D‑RSUs represent contingent rights to receive common shares (or cash equivalent) later, often subject to vesting or service conditions, so they do not represent immediate share ownership or a cash transaction.
• Such grants are routine for board compensation and should be interpreted as compensation awards rather than direct market bets by the director.