Peter K. Johansson - 15 Mar 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
Issuer symbol
CECO
Transactions as of
15 Mar 2025
Net transactions value
-$150,660
Form type
4
Filing time
18 Mar 2025, 19:20:09 UTC
Previous filing
19 Mar 2024
Next filing
31 Mar 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 +22,212 +36% $0.000000 84,772 15 Mar 2025 Direct F1
transaction CECO Common Stock Tax liability $150,660 -6,480 -7.6% $23.25 78,292 15 Mar 2025 Direct F2
transaction CECO Common Stock Award $0 +11,969 +15% $0.000000 90,261 17 Mar 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 47,247 15 Mar 2025 Common Stock 47,247 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