Celestica (CLS) director David Reeder receives new share unit awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reeder David reported acquisition or exercise transactions in this Form 4 filing.
Celestica Inc. director David Reeder received equity-based compensation in the form of share units. On May 20, 2026, he was granted 567 Director Restricted Share Units (D-RSUs), each representing a contingent right to receive one common share or cash, vesting on the first anniversary of the grant date.
On May 19, 2026, he was also granted 31 Director Share Units, each representing a contingent right to receive one common share or equivalent cash value when he ceases serving as a director, consultant or other service provider. After these awards, the filing shows holdings of 567 D-RSUs and 31 Director Share Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Reeder David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Restricted Share Units | 567 | $0.00 | -- |
| Grant/Award | Director Share Units | 31 | $0.00 | -- |
Holdings After Transaction:
Director Restricted Share Units — 567 shares (Direct, null);
Director Share Units — 31 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 567 D-RSUs, which vest on the first anniversary of the grant date.
Key Figures
Director Restricted Share Units granted: 567 units
Director Share Units granted: 31 units
D-RSUs held after transaction: 567 units
+1 more
4 metrics
Director Restricted Share Units granted
567 units
Award granted on May 20, 2026 to David Reeder
Director Share Units granted
31 units
Award granted on May 19, 2026 to David Reeder
D-RSUs held after transaction
567 units
Director Restricted Share Units directly owned following grant
Director Share Units held after transaction
31 units
Director Share Units directly owned following grant
Key Terms
Director Share Unit, Director Restricted Share Unit, contingent right, vest
4 terms
contingent right financial
"represents a contingent right to receive one common share or an equivalent value in cash"
vest financial
"the reporting person was granted 567 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.
FAQ
What insider transactions did Celestica (CLS) director David Reeder report?
David Reeder reported receiving equity awards, not buying or selling shares. He was granted 567 Director Restricted Share Units and 31 Director Share Units, both tied to Celestica common shares or equivalent cash value, as part of his director compensation.