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Celestica (CLS) COO awarded 160,126 performance share units tied to targets

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  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*
Etienvre Yann L

(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)
Chief Operations Officer
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 (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.

How many Performance Share Units did the Celestica (CLS) COO receive?

The Chief Operations Officer received 160,126 Performance Share Units. Following this grant, he beneficially owns 160,126 derivative securities tied to Celestica common shares, all reported as directly held under his ownership.

What do Celestica (CLS) Performance Share Units represent for the COO?

Each performance share unit represents a contingent right to receive one Celestica common share or an equivalent cash value. This structure links the COO’s compensation to company performance and eventual share or cash delivery.

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.