Director Munish Nanda receives 2,215-share award at CECO (CECO)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nanda Munish reported acquisition or exercise transactions in this Form 4 filing.
CECO Environmental Corp director Munish Nanda received a grant of 2,215 shares of common stock on June 1, 2026 at no cost. These shares are scheduled to vest on May 15, 2027, bringing his direct holdings to 64,246 shares after the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nanda Munish
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,215 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 64,246 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Share grant size: 2,215 shares
Grant price per share: $0.0000 per share
Holdings after transaction: 64,246 shares
+1 more
4 metrics
Share grant size
2,215 shares
Common stock award on June 1, 2026
Grant price per share
$0.0000 per share
Reported transaction price for the award
Holdings after transaction
64,246 shares
Total direct CECO shares held by Nanda after grant
Vesting date
May 15, 2027
Scheduled vesting date for the 2,215-share award
Key Terms
Grant, award, or other acquisition, Common Stock, vesting, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vesting financial
"Shares will vest May 15, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did CECO (CECO) director Munish Nanda report in this Form 4?
Director Munish Nanda reported receiving a grant of 2,215 shares of CECO common stock at no cost. The award increased his direct holdings to 64,246 shares following the transaction recorded on June 1, 2026.
Was the CECO (CECO) Form 4 transaction a market purchase or sale?
The Form 4 transaction was not a market trade. It reflects a grant or award acquisition of 2,215 CECO common shares at a price of $0.0000 per share, rather than an open-market purchase or sale.
What does transaction code A mean in the CECO (CECO) Form 4?
Transaction code A on the CECO Form 4 indicates a grant, award, or other acquisition of securities. In this case, it represents a compensation-related award of 2,215 CECO common shares rather than a cash purchase.