CECO (CECO) CFO receives stock grants and settles tax via share withholding

Rhea-AI Filing Summary

CECO Environmental’s SVP and CFO Peter K. Johansson reported equity-based compensation and related tax withholding. He received grants of 16,083 and 3,944 shares of common stock at no cost, while 4,967, 1,731 and 1,570 shares were withheld to cover tax liabilities on vesting.

After these transactions he directly holds 71,379 common shares. He also holds performance-based restricted stock units covering 47,247 and 30,000 underlying shares, which may convert to common stock on July 5, 2027 and September 12, 2029 if continued employment and stock price targets are met.

SEC Form 4

FORM 4

UNITED 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

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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 TX 75001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CECO ENVIRONMENTAL CORP [ CECO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/15/2026		A(1)		16,083	A	$0	75,703	D
Common Stock	03/15/2026		F(2)		4,967	D	$54.85	70,736	D
Common Stock	03/15/2026		F(2)		1,731	D	$54.5	69,005	D
Common Stock	03/16/2026		A		3,944	A	$0	72,949	D
Common Stock	03/17/2026		F(2)		1,570	D	$57.06	71,379	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)							(4)	(4)	Common Stock	47,247		47,247	D
Restricted Stock Units	(3)							(5)	(5)	Common Stock	30,000		30,000	D

Explanation of Responses:

1. Represents performance share units earned.

2. Reflects shares withheld for net settlement to cover the tax liability for the vesting of restricted stock units.

3. Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock.

4. 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.

5. 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.

Remarks:

Exhibit 24: Power of Attorney

	/s/ Alyson Gregory as Attorney-in-Fact for Peter Johansson	03/17/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What insider transactions did CECO (CECO) CFO Peter Johansson report?

Peter Johansson reported equity compensation and tax-related share withholdings. He received grants of 16,083 and 3,944 CECO common shares, while 4,967, 1,731 and 1,570 shares were withheld to cover tax liabilities tied to restricted stock unit vesting.

How many CECO shares does the CFO hold after these Form 4 transactions?

After the reported transactions, CECO’s CFO directly holds 71,379 common shares. This reflects stock awards received and shares withheld for taxes, providing context on his ongoing equity stake in the company following the latest vesting events.

Were the CECO CFO’s share dispositions open-market sales?

The dispositions were not open-market sales. Shares totaling 4,967, 1,731 and 1,570 were withheld by the company to satisfy tax liabilities from restricted stock unit vesting, a routine mechanism that does not represent discretionary selling in the open market.

What performance-based RSUs does CECO’s CFO currently hold?

The CFO holds performance-based restricted stock units tied to 47,247 and 30,000 underlying CECO common shares. Each unit can convert into one share if employment continues and specified stock price targets are achieved over the performance periods.

When can CECO CFO’s performance RSUs convert into common stock?

Conversion of one RSU tranche is scheduled for July 5, 2027, and another for September 12, 2029. Each conversion depends on the CFO remaining employed and CECO’s share price meeting defined targets during the respective performance periods.

Does this CECO Form 4 show the CFO buying or selling on the market?

The filing does not show open-market buying or selling. It reflects stock awards granted at no cost and share withholdings for taxes, which are standard compensation and settlement practices rather than discretionary trades in CECO stock.