STOCK TITAN

CECO Environmental (CECO) CFO sells 30,000 shares at $96.49 avg

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Johansson Peter K.
Role SVP, Chief Financial Officer
Sold 30,000 shs ($2.89M)
Type Security Shares Price Value
Sale Common Stock 30,000 $96.4934 $2.89M
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
Holdings After Transaction: Common Stock — 40,746 shares (Direct, null); Restricted Stock Units — 47,247 shares (Direct, null)
Footnotes (1)
  1. 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. Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock. 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. 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.
Shares sold 30,000 shares Open-market sale of common stock on June 24, 2026
Weighted average sale price $96.4934 per share Common stock sale, trades from $96.08 to $97.00
Shares held after sale 40,746 shares Direct common stock ownership following transaction
Performance RSUs block 1 30,000 underlying shares Restricted stock units, contingent conversion on July 5, 2027
Performance RSUs block 2 47,247 underlying shares Restricted stock units, contingent conversion on September 12, 2029
RSU exercise price $0.0000 Exercise price for performance-based restricted stock units
Restricted Stock Units financial
"Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right..."
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.
weighted average sale price financial
"Price reflects the weighted average sale price for multiple transactions that ranged from $96.08 to $97.00..."
performance-based restricted stock units financial
"Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right..."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Company's stock."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Johansson Peter K.

(Last)(First)(Middle)
5080 SPECTRUM DRIVE
SUITE 800E

(Street)
ADDISON TEXAS 75001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CECO ENVIRONMENTAL CORP [ CECO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/24/2026S30,000D$96.4934(1)40,746D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2) (3) (3)Common Stock47,24747,247D
Restricted Stock Units(2) (4) (4)Common Stock30,00030,000D
Explanation of Responses:
1. 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.
2. Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock.
3. 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.
4. 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.
/s/ Alyson Gregory as Attorney-in-Fact for Peter Johansson06/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CECO (CECO) disclose for Peter K. Johansson?

CECO disclosed that SVP and Chief Financial Officer Peter K. Johansson sold 30,000 shares of common stock in open-market transactions. The weighted average sale price was $96.4934 per share, based on multiple trades between $96.08 and $97.00.

At what price did the CECO (CECO) CFO sell his shares?

The CECO CFO sold shares at a weighted average price of $96.4934 per share. Footnotes state the individual transactions occurred at prices ranging from $96.08 to $97.00 per share across multiple trades.

How many CECO (CECO) shares does the CFO hold after the reported sale?

After the reported sale, the CECO CFO directly holds 40,746 shares of common stock. This figure represents his remaining direct ownership following the open-market disposition of 30,000 shares reported in the Form 4.

What restricted stock units does the CECO (CECO) CFO currently hold?

The CECO CFO holds performance-based restricted stock units covering 30,000 underlying shares and 47,247 underlying shares. These units each represent a contingent right to receive one common share if certain conditions are satisfied.

When can the CECO (CECO) CFO’s restricted stock units convert to common stock?

Conversion of one block of restricted stock units is scheduled for July 5, 2027, and another for September 12, 2029. Each conversion depends on continued employment and achievement of specified stock price targets during the performance period.