Form 4: CECO Environmental Corp Executive Sells Shares

Peter K. Johansson, a Senior Vice President at CECO Environmental Corp, sold 5,601 shares of common stock at an average price of $24.15 on March 27, 2025.

Summary

• On March 27, 2025, Peter K. Johansson, Senior Vice President, Chief Financial and Strategy Officer of CECO Environmental Corp, sold 5,601 shares of the company's common stock.
• The shares were sold at a weighted average price of $24.15, with individual transactions ranging from $24.14 to $24.23 per share.
• Following the transaction, Johansson directly owns 84,660 shares of CECO Environmental Corp.
• Johansson also holds 47,247 performance-based restricted stock units, which will convert to common stock on July 5, 2027, if certain conditions are met.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Future Outlook

The conversion of restricted stock units on July 5, 2027, is contingent upon continued employment and the achievement of certain stock price targets.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This sale represents a small percentage of Johansson's holdings.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on their perception of insider trading activity.

Key Dates

Keywords

CECO Environmental Corp, Form 4, Insider Trading, Stock Sale, Executive, Johansson, Restricted Stock Units