CECO CFO gets stock awards, pays taxes in shares
CECO Environmental’s SVP and CFO Peter K. Johansson reported equity-based compensation and related tax 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,570 | $57.06 | $90K |
| Grant/Award | Common Stock | 3,944 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 16,083 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,967 | $54.85 | $272K |
| Exercise Price or Tax Liability | Common Stock | 1,731 | $54.50 | $94K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (5)
- F1. Represents performance share units earned.
- F2. Reflects shares withheld for net settlement to cover the tax liability for the vesting of restricted stock units.
- F3. Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock.
- F4. 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.
- F5. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CECO (CECO) CFO Peter Johansson report?
What performance-based RSUs does CECO’s CFO currently hold?
When can CECO CFO’s performance RSUs convert into common stock?
Does this CECO Form 4 show the CFO buying or selling on the market?
AI-generated analysis. How Rhea-AI works. Not financial advice.