4Filed Aug 11, 8:00 PM ET
Celestica (CLS) Director Kulvinder Ahuja Receives RSU Award
$CLS · CELESTICA INCResearch Summary
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Celestica (CLS) Director Kulvinder Ahuja Receives RSU Award
What Happened
Kulvinder Ahuja, a director of Celestica Inc. (CLS), was granted 133 director restricted share units (D‑RSUs) on August 11, 2026. The filing reports the acquisition as 133 units at $0.00 (derivative award). These units are contingent rights that convert into common shares (or cash at the issuer’s election) upon settlement.
Key Details
- Transaction date: August 11, 2026; Form 4 filed August 12, 2026 (timely).
- Grant: 133 D‑RSUs reported at $0.00 (derivative award).
- Vesting: The 133 D‑RSUs vest on May 20, 2027 (per footnote).
- Footnotes: Each D‑RSU represents a contingent right to one common share on settlement, subject to the reporting person’s deferral election or an equivalent cash payment at the issuer’s election.
- Shares owned after transaction: not specified in the provided excerpt.
- Filing timeliness: Reported the next day (appears timely under Form 4 rules).
Context
This was a compensation grant (award) to a board member, not an open‑market purchase or sale. Awards like D‑RSUs are routine director compensation and do not by themselves indicate buying or selling sentiment; value will be realized only if/when the units vest and are settled.