4Filed Aug 11, 8:00 PM ET
Celestica Director Christopher Colpitts Receives 190 D‑RSUs
$CLS · CELESTICA INCResearch Summary
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Celestica Director Christopher Colpitts Receives 190 D‑RSUs
What Happened
Christopher W. Colpitts, a director of Celestica Inc. (CLS), was granted 190 director restricted share units (D‑RSUs) on August 11, 2026. The Form 4 reports the award as 190 units at $0.00 (a grant/award, transaction code A). These are equity compensation units that convert to common shares (or cash at the issuer’s election) when settled.
Key Details
- Transaction date and filing: Grant on 2026-08-11; Form 4 filed 2026-08-12 (appears timely).
- Grant details: 190 D‑RSUs; reported price $0.00; transaction type = Award/Grant (A).
- Vesting/settlement: Vesting date is May 20, 2027 (per footnote).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — each D‑RSU represents a contingent right to one common share on settlement (or equivalent cash at issuer’s election) and may be subject to the reporting person’s deferral election. F2 — confirms the 190 D‑SUs were granted and vest 5/20/2027.
Context
D‑RSU grants are a common form of director compensation and are recorded as derivative awards on Form 4s; they do not require cash from the insider and do not by themselves indicate buying or selling intent. The award will only convert to shares (or cash) if and when settlement occurs according to the vesting and plan terms.