Celestica (CLS) Director Jill Kale Receives 190-Share Award

What Happened Jill Kale, a director of Celestica Inc. (CLS), was granted 190 director restricted share units (D-RSUs) on August 11, 2026. The grant is reported as a derivative award at $0.00 consideration (i.e., 190 D-RSUs rather than an open-market purchase or sale). The D-RSUs vest on May 20, 2027 and, upon settlement, each D-RSU represents a contingent right to one common share or, at the issuer’s election, an equivalent cash value.

Key Details

• Transaction date: August 11, 2026; Form filed August 12, 2026 (timely filing).
• Award: 190 D-RSUs granted; reported price $0.00 (no cash paid).
• Vesting: D-RSUs vest on May 20, 2027 (per filing footnote).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 clarifies each D-RSU converts to one common share on settlement or cash at the issuer’s election; F2 confirms the grant date and vesting schedule.
• Transaction type: Award/Grant (derivative), not a purchase or sale.

Context D-RSUs are a form of equity compensation and do not immediately transfer stock — value realized depends on settlement and the company’s stock price at that time. Such grants are routine for directors and are compensation-related rather than direct market bets; they become more relevant to investors once vested and settled.