CECO director granted stock and RSU awards
CECO Environmental Corp director Claudio A. Mannarino reported routine equity compensation grants.
Rhea-AI Filing Summary
CECO Environmental Corp director Claudio A. Mannarino reported routine equity compensation grants. He received 1,108 shares of common stock as a grant at no cash cost, increasing his direct common stock holdings to 78,697 shares after the transaction.
He was also granted 1,107 restricted stock units, each representing a contingent right to one share of common stock, bringing his restricted stock unit balance to 7,113 units. Both the new stock grant and the restricted stock units are scheduled to vest on May 15, 2027. Conversion and distribution of shares from the deferred compensation plan are deferred until his service as a company director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,215 shares
Grant/Award
2 txns
Insider
Mannarino Claudio A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,107 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,108 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 7,113 contracts (Direct);
Common Stock — 78,697 shares (Direct)
Footnotes (3)
- F1. Shares will vest on May 15, 2027.
- F2. Represents restricted stock units granted under the CECO Environmental Corp. Deferred Compensation Plan for Non-Employee Directors. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock and will vest on May 15, 2027.
- F3. Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Deferred Compensation Plan is deferred until termination of service as a Company director.
Key Figures
Common stock grant: 1,108 shares
Common shares held after: 78,697 shares
RSU grant: 1,107 units
+2 more
5 metrics
Common stock grant
1,108 shares
Director equity grant on June 1, 2026
Common shares held after
78,697 shares
Direct CECO common stock holdings post-transaction
RSU grant
1,107 units
Restricted stock units granted June 1, 2026
RSUs held after
7,113 units
Total CECO restricted stock units following grant
Vesting date
May 15, 2027
Vesting for granted shares and RSUs
Key Terms
Restricted Stock Units, Deferred Compensation Plan, vest, contingent right
4 terms
Restricted Stock Units financial
"Represents restricted stock units granted under the CECO Environmental Corp. Deferred Compensation Plan for Non-Employee Directors."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferred Compensation Plan financial
"granted under the CECO Environmental Corp. Deferred Compensation Plan for Non-Employee Directors."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
vest financial
"Shares will vest on May 15, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Company's common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CECO director Claudio Mannarino report on this Form 4 for CECO?
Director Claudio A. Mannarino reported receiving equity compensation grants. He acquired 1,108 shares of CECO common stock and 1,107 restricted stock units at no cash cost, increasing his direct holdings and deferred equity exposure as part of director compensation.
What restricted stock units did Claudio Mannarino receive from CECO and when do they vest?
Mannarino received 1,107 restricted stock units tied to CECO common stock. Each unit represents a contingent right to one share. According to the terms, these restricted stock units will vest on May 15, 2027, aligning with the company’s deferred compensation structure.
What is Mannarino’s total CECO restricted stock unit balance after this grant?
Following the grant, Mannarino holds 7,113 restricted stock units linked to CECO common stock. This total includes the newly granted 1,107 units and reflects his accumulated deferred equity awards under the company’s non-employee director compensation programs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
