Form 4: Celestica Inc. Director Acquires Deferred Share Units

Director Laurette T Koellner acquired 149 deferred share units of Celestica Inc. on January 31, 2025.

Summary

• Laurette T Koellner, a director of Celestica Inc., acquired 149 deferred share units on January 31, 2025.
• These deferred share units represent a contingent right to receive one common share or an equivalent cash value when the holder ceases to be a director or employee of the company.
• Following this transaction, Ms. Koellner directly owns 290,635 common shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally neutral to positive. It indicates alignment of interests between the director and the company's long-term performance.

Industry Context

This is a routine filing related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Deferred share unit grants are a common form of compensation for directors in publicly listed companies, aligning their interests with long-term shareholder value.
• The number of units granted is relatively small compared to the total shares owned by the director, suggesting this is a regular part of their compensation package.
• Companies like Flex, Jabil, and Sanmina also use similar equity-based compensation for their directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with long-term company performance.

Key Dates

Keywords

deferred share units, director, Celestica Inc., share acquisition, insider trading, equity compensation