Kale Jill 4

What Happened

• Jill Kale, a director of Celestica Inc. (CLS), received equity awards totaling 918 restricted share units (RSUs/D‑RSUs). The filing shows 108 RSUs granted on May 19, 2026 and 810 director RSUs (D‑RSUs) granted on May 20, 2026. Each unit was granted at $0.00 (these are awards, not purchases), and represent contingent rights to receive common shares or equivalent cash under the plan.

Key Details

• Transaction types and dates: 108 RSUs awarded on 2026-05-19; 810 D‑RSUs awarded on 2026-05-20 (code A = Award/Grant).
• Grant price: $0.00 per unit (no cash exchanged at grant).
• Vesting: the 108 RSUs vest 1/3 annually over 3 years from May 19, 2026; the 810 D‑RSUs vest on the first anniversary (May 20, 2027).
• Unit mechanics: RSUs may settle for one share or cash at holder’s election; D‑RSUs are contingent rights to receive one common share on settlement, subject to the holder’s deferral election or issuer cash settlement.
• Shares owned after transaction: not specified in the Form 4 filing.
• Filing timeliness: Form 4 was filed on 2026-05-20 (no late filing indicated).

Context

• These awards are compensation-related derivative grants (not open-market purchases or sales). RSUs/D‑RSUs convert to actual shares (or cash) only upon vesting/settlement, so they do not increase voting power or liquidity until then. As with most equity grants to directors, this is routine compensation rather than a direct purchase signal.