Celestica (CLS) COO awarded 160,126 performance share units tied to targets
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celestica Inc.'s Chief Operations Officer Yann L. Etienvre received a performance-based equity award. On January 29, 2026, he was granted 160,126 Performance Share Units at a price of $0 per unit, all held as direct beneficial ownership.
Each PSU represents the right to receive one common share or an equivalent cash amount. The award reflects achievement of pre-set performance goals at 200% of target, as certified by the Human Resources and Compensation Committee. The common shares underlying these PSUs are scheduled to be issued to Etienvre after they vest on January 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Etienvre Yann L
Role
Chief Operations Officer
| 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 (CLS) report for January 29, 2026?
Celestica reported that Chief Operations Officer Yann L. Etienvre received 160,126 Performance Share Units on January 29, 2026. These units were granted at a price of $0 per unit and are tied to pre-established performance goals.
Who is the reporting person in this Celestica (CLS) Form 4 filing?
The reporting person is Yann L. Etienvre, Chief Operations Officer of Celestica Inc. He filed as an officer, with this Form 4 detailing his receipt of performance share units as part of his equity-based compensation.
When will the Celestica (CLS) PSU award to the COO vest and settle?
The PSUs are scheduled to vest on January 31, 2026. After vesting, the underlying common shares will be issued to the Chief Operations Officer, delivering the equity value earned under the performance award.
How were the Celestica (CLS) PSUs earned at 200% of target?
The PSUs were deemed earned after the Human Resources and Compensation Committee certified achievement of pre-established performance parameters at 200% of the target. This certification determined the final number of units credited to the COO.