Form 4: Celestica CSO Theodoros Tzevelekis Receives RSU Grant
Insider Transaction Report
Celestica Inc.'s Chief Strategy Officer, Theodoros Tzevelekis, was granted 1,263 Restricted Share Units (RSUs) on February 3, 2026.
Summary
- Theodoros Tzevelekis, Chief Strategy Officer of Celestica Inc. (CLS), was granted 1,263 Restricted Share Units (RSUs).
- The grant date for these RSUs was February 3, 2026.
- Each RSU represents a contingent right to receive one common share of Celestica Inc. or an equivalent value in cash.
- The RSUs will vest ratably over a three-year period, specifically on the first and second anniversaries of the grant date, and on December 1 following the second anniversary of the grant date.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a routine executive compensation disclosure, slightly positive due to the alignment of executive incentives with shareholder interests, but not indicative of significant operational or financial changes.
Positives
- The RSU grant aligns the Chief Strategy Officer's interests with those of shareholders through equity ownership.
- The vesting schedule encourages long-term commitment and performance from the executive.
Future Outlook
The filing details a future vesting schedule for the granted Restricted Share Units, indicating a long-term incentive structure for the Chief Strategy Officer.
Industry Context
StockSavvy.ai notes that equity grants, such as Restricted Share Units, are a common component of executive compensation packages across various industries, including technology and manufacturing, aiming to incentivize long-term performance and align management interests with shareholder value.
Related Party Transactions
- The grant of 1,263 Restricted Share Units to Theodoros Tzevelekis, the Chief Strategy Officer, represents a standard form of executive compensation from Celestica Inc. to one of its officers.
Stakeholder Impact
- Shareholders: The RSU grant aims to align the Chief Strategy Officer's long-term interests with shareholder value creation.
- Employees (specifically the Chief Strategy Officer): The grant provides a long-term equity incentive, contributing to the executive's overall compensation package.
Next Steps
- The Restricted Share Units will vest ratably over a three-year period on the first and second anniversaries of the grant date and on December 1 following the second anniversary of the grant date.
Key Dates
| Date | Description |
|---|---|
| 02/03/2026 | Date of RSU grant to Theodoros Tzevelekis. |
| 02/03/2027 | First anniversary of the RSU grant date, part of the vesting schedule. |
| 02/03/2028 | Second anniversary of the RSU grant date, part of the vesting schedule. |
| 12/01/2028 | December 1 following the second anniversary of the RSU grant date, part of the vesting schedule. |
Keywords
Celestica Inc., CLS, Form 4, Restricted Share Units, RSU grant, insider transaction, executive compensation, equity grant, Theodoros Tzevelekis, Chief Strategy Officer
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