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Celestica (CLS) director Colpitts awarded restricted and director share units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
Director Restricted Share Units financial
"Each director restricted share unit ("D-RSU") represents a contingent right to receive one common share upon settlement"
Director Share Units financial
"Each director share unit represents a contingent right to receive one common share or an equivalent value in cash"
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Colpitts Christopher W.

(Last)(First)(Middle)
5140 YONGE STREET
SUITE 1900

(Street)
TORONTOONTARIO, CANADAM2N 6L7

(City)(State)(Zip)

ONTARIO, CANADA

(Country)
2. Issuer Name and Ticker or Trading Symbol
CELESTICA INC [ CLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Director Share Units(1)05/19/2026A108 (1) (1)Common Shares108$0828D
Director Restricted Share Units(2)05/20/2026A810 (3) (3)Common Shares810$0810D
Explanation of Responses:
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.
2. 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.
3. On May 20, 2026, the reporting person was granted 810 D-RSUs, which vest on the first anniversary of the grant date.
/s/ Samantha Graff, attorney-in-fact05/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Director Restricted Share Units did Colpitts receive from Celestica (CLS)?

He received 810 Director Restricted Share Units (D‑RSUs). Each D‑RSU represents a contingent right to one Celestica common share or equivalent cash upon settlement, subject to his deferral election and the company’s choice of share or cash delivery.

When do the 810 Celestica (CLS) Director Restricted Share Units vest?

The 810 Director Restricted Share Units granted to Christopher W. Colpitts vest on the first anniversary of the May 20, 2026 grant date. After vesting, they can settle into common shares or cash, at Celestica’s election and subject to his deferral election.

What are Celestica (CLS) Director Share Units and when are they paid?

Each Director Share Unit is a contingent right to receive one Celestica common share or equivalent cash value. These units are settled when the holder stops serving Celestica as a director, consultant or other service provider, with settlement form determined at the company’s discretion.

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.

How many Celestica common shares underlie Colpitts’ new equity awards?

The awards are linked to 810 common shares for the Director Restricted Share Units and 108 common shares for the Director Share Units. Each unit corresponds to one underlying share or equivalent cash value when the applicable settlement conditions are met.