Colpron Francoise 4
Research Summary
AI-generated summary
Celestica (CLS) Director Francoise Colpron Receives RSU Award
What Happened
Francoise Colpron, a director of Celestica Inc. (CLS), received a grant of 296 restricted share units (RSUs) on March 31, 2026. The RSUs were reported as a derivative award with an acquisition price of $0.00 in the Form 4 filing. This is a compensation award (not a market purchase or sale).
Key Details
- Transaction date: 2026-03-31 (Filed with the SEC on 2026-04-02; filing appears timely).
- Grant: 296 RSUs; reported acquisition price $0.00 (derivative award, code A).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: Each RSU represents a contingent right to receive one common share or equivalent cash at the holder's election.
- F2: 296 RSUs were granted; 1/3 vests annually over 3 years on each grant anniversary.
- No indication of immediate sale or cashless exercise; these units vest over time.
Context: RSU grants are routine compensation for directors and do not represent an open-market purchase or sale. Because RSUs are contingent and vest over time, they are more about compensation structure than an immediate signal of insider sentiment.