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Celestica (CLS) President earns 160,126 performance share units after 200% achievement

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
SEC Form 4
FORM 4 UNITED 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*
Cooper Todd C

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

(Street)
TORONTO A6 M2N 6L7

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CELESTICA INC [ CLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Units (1) 01/29/2026 A 160,126 01/31/2026 (2) Common Shares 160,126 $0 160,126 D
Explanation of Responses:
1. Each performance share unit ("PSU") represents a contingent right to receive one common share or an equivalent value in cash.
2. 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.
/s/ Tracy Connelly McGilley, attorney-in-fact 01/30/2026
** Signature of Reporting Person Date
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.

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.

What are the performance share units granted to the Celestica (CLS) President?

Each performance share unit granted to Celestica’s President represents a contingent right to receive one common share or an equivalent cash amount. The 160,126 units reflect earned awards based on performance and are structured as part of long-term incentive compensation.

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.

When will the Celestica (CLS) President receive common shares from these PSUs?

The common shares underlying the 160,126 performance share units are scheduled to be issued following vesting on January 31, 2026. At that time, the President will receive either common shares or an equivalent cash value, depending on the plan’s settlement terms.

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.