Colpitts Christopher W. 4

What Happened
Christopher W. Colpitts, a director of Celestica Inc. (CLS), received director compensation in the form of equity awards. The filing shows two derivative grants: 108 director share units granted on 2026-05-19 and 810 director restricted share units (D‑RSUs) granted on 2026-05-20. Both were recorded as acquisitions at $0.00 on the grant dates (award-type transactions).

Key Details

• Transaction dates and price: 108 units on 2026-05-19 @ $0.00; 810 D‑RSUs on 2026-05-20 @ $0.00. Both reported as award/grant (transaction code A).
• Total units granted: 918 director-related units. Reported grant value at issuance = $0 (as typical for unit awards; eventual cash/share value depends on future stock price and settlement).
• Vesting/settlement: Per the filing footnotes, the 810 D‑RSUs vest on the first anniversary of the grant (May 20, 2027). The 108 director share units are contingent rights to receive one common share or cash when the holder ceases service.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Filing timeliness: The Form 4 was filed on 2026-05-20 covering transactions on 2026-05-19 and 2026-05-20 (filed the day after the later grant).

Context
These are derivative equity awards used for director compensation, not open‑market purchases or sales. Such awards are common and typically vest over time or settle upon termination of service; they do not represent an immediate cash investment by the insider. For retail investors, purchases are often viewed as a stronger signal of personal conviction than routine grants, which primarily reflect compensation.