Director Laurie Siegel granted 2,215 CECO Environmental (CECO) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIEGEL LAURIE reported acquisition or exercise transactions in this Form 4 filing.
CECO Environmental Corp director Laurie Siegel reported an equity award of 2,215 shares of Common Stock. The shares were granted at a price of $0.00 per share as a stock-based compensation grant, rather than an open-market purchase.
The award will vest on May 15, 2027, tying part of Siegel's compensation to the company’s future performance over the next several years. After this award, Siegel directly holds 22,133 shares of CECO Environmental common stock, reflecting a continued ownership stake aligned with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SIEGEL LAURIE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,215 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,133 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,215 shares
Grant price per share: $0.00 per share
Shares held after grant: 22,133 shares
+1 more
4 metrics
Shares granted
2,215 shares
Common Stock grant on June 1, 2026
Grant price per share
$0.00 per share
Equity award compensation, not open-market purchase
Shares held after grant
22,133 shares
Total direct ownership following the transaction
Vesting date
May 15, 2027
Grant vests in full on this date per footnote
Key Terms
Grant, award, or other acquisition, Common Stock, vest
3 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.
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.
FAQ
What insider transaction did CECO (CECO) director Laurie Siegel report?
Laurie Siegel reported receiving a grant of 2,215 CECO Environmental common shares. The award was recorded at $0.00 per share, indicating stock-based compensation rather than a market purchase, and increases her direct holdings to 22,133 shares after the transaction.
Was Laurie Siegel’s CECO (CECO) transaction a stock purchase or a compensation grant?
The Form 4 shows a grant, award, or other acquisition of 2,215 CECO shares, coded as transaction type A. The $0.00 per share price confirms this was stock-based compensation, not an open-market stock purchase by the director.
Does Laurie Siegel’s CECO (CECO) grant indicate any stock sales or dispositions?
The transaction is classified as a grant, award, or other acquisition with code A and direction "acquire." The summary data shows no sales or dispositions in this filing, only an increase in holdings from the stock-based compensation grant.