CECO CFO has 2,914 shares withheld for taxes
CECO ENVIRONMENTAL CORP executive Peter K. Johansson, SVP and Chief Financial Officer, reported an automatic tax-related disposition of company stock.
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Rhea-AI Filing Summary
CECO ENVIRONMENTAL CORP executive Peter K. Johansson, SVP and Chief Financial Officer, reported an automatic tax-related disposition of company stock. On 2026-08-15, 2,914 shares of common stock were withheld at $79.59 per share to cover tax liabilities from vested restricted stock units, leaving him with 37,832 directly held common shares.
Johansson also reports performance-based restricted stock units that may convert into 47,247 shares of common stock on July 5, 2027 and 30,000 shares on September 12, 2029, in each case contingent on continued employment and achievement of specified stock price targets.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,914 | $79.59 | $232K |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F2, F4 | -- | -- | -- |
Footnotes (4)
- F1. Reflects shares withheld for net settlement to cover the tax liability for the vesting of restricted stock units.
- F2. Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock.
- F3. 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.
- F4. 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.
Key Figures
Key Terms
Restricted Stock Units financial
performance-based restricted stock units financial
net settlement financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CECO (CECO) disclose for CFO Peter K. Johansson?
What performance-based restricted stock units does CECO (CECO) CFO Peter K. Johansson report?
When could Peter K. Johansson’s CECO (CECO) performance-based RSUs convert to common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.