Gleason Todd R 4

4 · CECO ENVIRONMENTAL CORP · Filed Mar 18, 2025

Form 4

Period: 2025-03-15

DirectorChief Executive Officer

Transactions

Award
Stock Options (right to buy)
2025-03-17+67,347→ 67,347 total
Exercise: $23.50→ Common Stock (67,347 underlying)
Award
Common Stock
2025-03-15+202,705→ 492,341 total
Tax Payment
Common Stock
2025-03-15$23.25/sh−75,778$1,761,839→ 416,563 total

Holdings

Common Stock
(indirect: By first son)
444
Common Stock
(indirect: By daughter)
444
Stock Options (right to buy)
Exercise: $21.32→ Common Stock (25,446 underlying)
25,446
Common Stock
(indirect: By second son)
444
Common Stock
(indirect: By third son)
444
Restricted Stock Units
→ Common Stock (225,000 underlying)
225,000

Footnotes (6)

[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]The stock option vests in three equal annual installments beginning on March 17, 2026, and expires ten years from the grant date.
[F4]The stock option vests in three equal annual installments beginning on March 15, 2025, and expires ten years from the grant date.
[F5]Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock.
[F6]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.

Documents

1 file