Gleason Todd R 4
4 · CECO ENVIRONMENTAL CORP · Filed Apr 2, 2025
Insider Transaction Report
Form 4
Gleason Todd R
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2025-03-31$22.80/sh−2,110$48,108→ 414,453 total - Tax Payment
Common Stock
2025-04-01$23.09/sh−3,618$83,540→ 410,835 total
Holdings
- 444(indirect: By third son)
Common Stock
- 67,347
Stock Options (right to buy)
Exercise: $23.50→ Common Stock (67,347 underlying) - 444(indirect: By first son)
Common Stock
- 444(indirect: By daughter)
Common Stock
- 225,000
Restricted Stock Units
→ Common Stock (225,000 underlying) - 25,446
Stock Option (right to buy)
Exercise: $21.32→ Common Stock (25,446 underlying) - 444(indirect: By second son)
Common Stock
Footnotes (5)
- [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]The stock option vests in three equal annual installments beginning on March 17, 2026, and expires ten years from the grant date.
- [F5]The stock option vests in three equal annual installments beginning on March 15, 2025, and expires ten years from the grant date.