4Filed Aug 11, 8:00 PM ET
Celestica (CLS) Director David Reeder Receives Restricted Share Award
$CLS · CELESTICA INCResearch Summary
AI-generated summary of this SEC filing
Celestica (CLS) Director David Reeder Receives Restricted Share Award
What Happened
- David Reeder, a director of Celestica Inc. (CLS), was granted 133 director restricted share units (D‑RSUs) on August 11, 2026. The award was recorded at $0.00 per unit (no cash paid at grant) and is reported as a derivative award rather than an open‑market purchase or sale. The D‑RSUs vest on May 20, 2027 and each unit represents a contingent right to one common share (or, at the company's election, an equivalent cash value) upon settlement.
Key Details
- Transaction date: 2026-08-11; filing date: 2026-08-12 (timely filing).
- Grant type: Award/Acquisition (A) of 133 D‑RSUs at $0.00 (derivative award).
- Vesting: May 20, 2027.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — each D‑RSU converts to one common share upon settlement or cash at the issuer’s election; F2 — 133 D‑RSUs granted on Aug 11, 2026, vest May 20, 2027.
- No indication of a 10b5‑1 plan, tax withholding sale, or exercise/sale transaction in this filing.
Context
- This is a standard director compensation grant (restricted share units) and is not a purchase or sale of existing shares; such awards are routine and reflect compensation rather than an explicit buy or sell signal. Upon vesting and settlement the units will convert to shares or cash, at which point any subsequent sale would be reported separately.