CECO Environmental Corp (CECO) director adds 15,000 shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CECO Environmental Corp director Richard F. Wallman reported open-market purchases of CECO common stock. On April 29, 2026, he bought a total of 15,000 shares, including 5,000 shares at a weighted average price of $73.798 per share held indirectly through his spouse and 10,000 shares at $73.25 per share held directly. Following these transactions, his reported direct holdings rose to 229,909 shares, and indirect holdings through his spouse reached 85,500 shares, indicating a modest increase in his overall equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,000 shares ($1,101,490)
Net Buy
2 txns
Insider
WALLMAN RICHARD F
Role
null
Bought
15,000 shs ($1.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $73.25 | $733K |
| Purchase | Common Stock | 5,000 | $73.798 | $369K |
Holdings After Transaction:
Common Stock — 229,909 shares (Direct, null);
Common Stock — 85,500 shares (Indirect, By spouse)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased (total): 15,000 shares
Indirect purchase: 5,000 shares at $73.798
Direct purchase: 10,000 shares at $73.25
+2 more
5 metrics
Shares purchased (total)
15,000 shares
Open-market buys on April 29, 2026
Indirect purchase
5,000 shares at $73.798
Weighted average price via spouse on April 29, 2026
Direct purchase
10,000 shares at $73.25
Open-market buy on April 29, 2026
Direct holdings after trade
229,909 shares
Common stock directly owned after April 29, 2026
Indirect holdings after trade
85,500 shares
Common stock held indirectly through spouse after April 29, 2026
Key Terms
open-market purchase, weighted average purchase price, indirect ownership, Form 4
4 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average purchase price financial
"Price reflects the weighted average purchase price for multiple transactions"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
indirect ownership financial
""ownership_type": "indirect", "nature_of_ownership": "By spouse""
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.