Celestica (CLS) director Colpitts awarded restricted and director share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colpitts Christopher W. reported acquisition or exercise transactions in this Form 4 filing.
CELESTICA INC director Christopher W. Colpitts received equity-based compensation in the form of director share units. On May 20, 2026, he was granted 810 Director Restricted Share Units (D‑RSUs), each representing a contingent right to one common share or cash, vesting on the first anniversary of the grant date.
On May 19, 2026, he was also granted 108 Director Share Units, each representing a contingent right to receive one common share or an equivalent cash amount when he ceases serving as a director, consultant or other service provider. These are compensation-related awards, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Colpitts Christopher W.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Restricted Share Units | 810 | $0.00 | -- |
| Grant/Award | Director Share Units | 108 | $0.00 | -- |
Holdings After Transaction:
Director Restricted Share Units — 810 shares (Direct, null);
Director Share Units — 828 shares (Direct, null)
Footnotes (1)
- Each director share unit represents a contingent right to receive one common share or an equivalent value in cash at the Issuer's discretion when the holder ceases to serve the Issuer as any of a director, consultant or other service provider. Each director restricted share unit ("D-RSU") represents a contingent right to receive one common share upon settlement, subject to the reporting person's deferral election, or, at the Issuer's election, an equivalent value in cash. On May 20, 2026, the reporting person was granted 810 D-RSUs, which vest on the first anniversary of the grant date.
Key Figures
Director Restricted Share Units granted: 810 units
Director Share Units granted: 108 units
D-RSUs holdings after grant: 810 units
+3 more
6 metrics
Director Restricted Share Units granted
810 units
Grant on May 20, 2026; each linked to one common share
Director Share Units granted
108 units
Grant on May 19, 2026; each linked to one common share
D-RSUs holdings after grant
810 units
Total Director Restricted Share Units following May 20, 2026 transaction
Director Share Units after grant
828 units
Total Director Share Units following May 19, 2026 transaction
Award grant price
$0.00 per unit
Both awards recorded with zero transaction price, indicating compensation grants
Vesting period for D-RSUs
1 year
810 D-RSUs vest on the first anniversary of the May 20, 2026 grant
Key Terms
Director Restricted Share Units, Director Share Units, contingent right, vest, +1 more
5 terms
contingent right financial
"represents a contingent right to receive one common share or an equivalent value in cash"
vest financial
"810 D-RSUs, which vest on the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
equivalent value in cash financial
"or, at the Issuer's election, an equivalent value in cash"
FAQ
What insider transactions did CLS director Christopher W. Colpitts report?
Christopher W. Colpitts reported receiving equity awards, not market trades. He was granted 810 Director Restricted Share Units and 108 Director Share Units, both representing contingent rights to Celestica common shares or equivalent cash value under specified conditions.
Do these Celestica (CLS) Form 4 transactions involve open-market buying or selling?
No, the reported transactions are equity awards, not open-market trades. The Form 4 shows Director Restricted Share Units and Director Share Units granted as compensation, with zero purchase price and settlement occurring later in shares or cash under plan terms.