CECO CFO sells 30,000 shares in open-market trade
CECO Environmental Corp's SVP and Chief Financial Officer Peter K. Johansson reported an open-market sale of 30,000 shares of common stock at a weighted average price of $96.4934 per share, with individual trade prices ranging from $96.08 to $97.00.
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Rhea-AI Filing Summary
CECO Environmental Corp's SVP and Chief Financial Officer Peter K. Johansson reported an open-market sale of 30,000 shares of common stock at a weighted average price of $96.4934 per share, with individual trade prices ranging from $96.08 to $97.00.
After the sale, he directly holds 40,746 shares of common stock. He also holds performance-based restricted stock units covering 30,000 underlying shares scheduled to convert on July 5, 2027 and 47,247 underlying shares scheduled to convert on September 12, 2029, in each case contingent on continued employment and achievement of specified stock price targets.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $96.4934 | $2.89M |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (4)
- F1. Price reflects the weighted average sale price for multiple transactions that ranged from $96.08 to $97.00 per share. The Reporting Person undertakes to provide, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F2. Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock.
- F3. Conversion of restricted stock units to the Company's common stock will occur on July 5, 2027 assuming the reporting person is still employed by the Company and if the shares of the Company's common stock have achieved certain stock price targets over the course of the performance period.
- F4. Conversion of restricted stock units to the Company's common stock will occur on September 12, 2029 assuming the reporting person is still employed by the Company and if the shares of the Company's common stock have achieved certain stock price targets over the course of the performance period.
Key Figures
Key Terms
Restricted Stock Units financial
weighted average sale price financial
performance-based restricted stock units financial
contingent right financial
FAQ
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What insider transaction did CECO (CECO) disclose for Peter K. Johansson?
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