Celestica (CLS) President earns 160,126 performance share units after 200% achievement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celestica Inc. reported an equity award for its President, Todd C. Cooper. On January 29, 2026, he was credited with 160,126 performance share units at a price of $0 per unit. Each PSU represents the right to receive one common share or the cash equivalent.
The award reflects PSUs deemed earned after the Human Resources and Compensation Committee certified achievement of pre-set performance goals at 200% of target. The common shares underlying these PSUs are scheduled to be issued to Cooper following vesting on January 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cooper Todd C
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 160,126 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 160,126 shares (Direct)
Footnotes (1)
- Each performance share unit ("PSU") represents a contingent right to receive one common share or an equivalent value in cash. Reflects PSUs deemed earned upon Human Resources and Compensation Committee certification of the achievement of pre-established performance parameters at 200% of the target. The common shares underlying these PSUs will be issued to the reporting person following the vest on January 31, 2026.
FAQ
What insider transaction did Celestica Inc. (CLS) report for January 29, 2026?
Celestica reported that President Todd C. Cooper was credited with 160,126 performance share units on January 29, 2026. These units were recorded at a price of $0 per unit as part of his equity-based compensation arrangement tied to company performance.
Why were 160,126 PSUs earned by the Celestica (CLS) President?
The 160,126 performance share units were deemed earned after the Human Resources and Compensation Committee certified that pre-established performance parameters were achieved at 200% of the target level. This certification triggered the earning of the PSUs under the plan’s rules.
Is the Celestica (CLS) President’s PSU holding direct or indirect ownership?
The filing shows the 160,126 performance share units as directly owned by the President. No footnotes indicate that another entity holds voting or investment power, so the award is reported as direct beneficial ownership rather than through a separate vehicle.
How is the transaction for Celestica (CLS) President’s PSUs coded on the Form 4?
The transaction is coded as an acquisition of derivative securities with transaction code “A” on the Form 4. It records 160,126 performance share units acquired at a price of $0, reflecting a compensation-related award rather than a market purchase.