CASCELLA ROBERT 4
4 · CELESTICA INC · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Celestica (CLS) Director Robert Cascella Receives RSU Awards
What Happened
- Director Robert Cascella was granted a total of 677 derivative awards from Celestica (58 RSUs on May 19, 2026 and 619 director‑RSUs on May 20, 2026). Each grant is recorded at $0.00 (standard for restricted share units); there is no immediate cash purchase or sale value reported. These are awards (code A) rather than open‑market purchases or sales.
Key Details
- Transaction dates and prices: May 19, 2026 — 58 RSUs @ $0.00; May 20, 2026 — 619 D‑RSUs @ $0.00.
- Total awarded: 677 units (58 RSUs + 619 D‑RSUs).
- Shares owned after the transaction: not specified in the provided filing.
- Vesting / conversion notes:
- RSUs (58): 1/3 vests annually over 3 years from May 19, 2026 (F2).
- D‑RSUs (619): vest in full on the first anniversary of the May 20, 2026 grant (F4).
- RSUs convert to one common share or cash at the holder’s election; D‑RSUs convert to common shares on settlement (subject to the holder’s deferral election) or, at the issuer’s election, cash (F1, F3).
- Filing: Form 4 filed May 20, 2026 reporting grants on May 19–20; the filing was not flagged as late in the information provided.
Context
- These awards are compensation/retention grants, not open‑market buys or sales. RSUs/D‑RSUs are contingent rights that become shares (or cash) only upon vesting/settlement, so they do not represent immediately tradeable shares. Such grants are routine for directors and reflect compensation rather than direct buying or selling of stock.
Insider Transaction Report
Form 4
CASCELLA ROBERT
Director
Transactions
- Award
Restricted Share Units
[F1][F2]2026-05-19+58→ 58 total→ Common Shares (58 underlying) - Award
Director Restricted Share Units
[F3][F4]2026-05-20+619→ 619 total→ Common Shares (619 underlying)
Footnotes (4)
- [F1]Each restricted share unit ("RSU") represents a contingent right to receive one common share or an equivalent value in cash at the holder's election.
- [F2]On May 19, 2026, the reporting person was granted 58 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date.
- [F3]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.
- [F4]On May 20, 2026, the reporting person was granted 619 D-RSUs, which vest on the first anniversary of the grant date.
Signature
/s/ Tracy Connelly McGilley, attorney-in-fact|2026-05-20