Form 4: Celestica Director David Reeder Receives Equity Grant

Director David Reeder was granted 31 director share units and 567 restricted share units as part of his compensation package.

Summary

• Director David Reeder acquired 31 director share units on May 19, 2026.
• Director David Reeder was granted 567 director restricted share units (D-RSUs) on May 20, 2026.
• Both grants were issued at a price of $0, representing standard equity-based compensation for board members.
• The D-RSUs are scheduled to vest on the first anniversary of the grant date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The D-RSUs granted on May 20, 2026, will vest on May 20, 2027.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to incentivize directors and align their interests with those of the shareholders.

Comparison to Industry Standards

• The use of restricted share units and director share units is consistent with standard compensation practices for directors of publicly traded technology and manufacturing companies.

Stakeholder Impact

• Minimal impact on shareholders as these are standard equity compensation grants.

Next Steps

• Vesting of 567 D-RSUs on May 20, 2027.

Key Dates

Keywords

Celestica, CLS, Form 4, Director Compensation, Equity Grant, Insider Ownership