Peter Johansson - Mar 15, 2025 Form 4 Insider Report for CECO ENVIRONMENTAL CORP (CECO)

Role
Title: Senior Vice President, Chief Financial and Strategy Officer
Signature
/s/ Joycelynn Watkins-Asiyanbi as Attorney-in-Fact for Peter Johansson
Stock symbol
CECO
Transactions as of
Mar 15, 2025
Transactions value $
-$150,660
Form type
4
Date filed
3/18/2025, 07:20 PM
Previous filing
Mar 19, 2024
Next filing
Mar 31, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CECO Common Stock Award $0 +22.2K +35.51% $0.00 84.8K Mar 15, 2025 Direct F1
transaction CECO Common Stock Tax liability -$151K -6.48K -7.64% $23.25 78.3K Mar 15, 2025 Direct F2
transaction CECO Common Stock Award $0 +12K +15.29% $0.00 90.3K Mar 17, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CECO Restricted Stock Units 47.2K Mar 15, 2025 Common Stock 47.2K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 restricted stock units with a three-year vesting period.
F4 Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock.
F5 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.

Remarks:

Title: Senior Vice President, Chief Financial and Strategy Officer