Research Summary
AI-generated summary of this SEC filing
Celestica (CLS) Director Colpron Receives 203 D‑RSUs
What Happened
Francoise Colpron, a director of Celestica Inc. (CLS), was granted 203 director restricted share units (D‑RSUs) on August 11, 2026. The award was reported at a $0.00 acquisition price (typical for equity grants); no cash was paid. The D‑RSUs are a contingent right to receive one common share each (or, at the company’s election, an equivalent cash value) upon settlement and they vest on May 20, 2027.
Key Details
- Transaction date and type: August 11, 2026 — Grant/award (Code A) of 203 D‑RSUs at $0.00 per unit.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: D‑RSUs represent a contingent right to receive one common share upon settlement (or cash at issuer’s election); the reporting person may have a deferral election. The 203 D‑RSUs vest on May 20, 2027.
- Filing timeliness: Reported on Form 4 filed Aug 12, 2026 (appears timely under Form 4 reporting rules).
Context: D‑RSUs are equity compensation for directors and do not involve an open‑market purchase or sale. They convert to shares (or cash) only upon settlement and vesting, so grants are routine compensation rather than a direct market signal of the insider’s view.