Gleason Todd R 4

What Happened

• Todd R. Gleason, CEO of CECO Environmental Corp (CECO), had 2,110 shares disposed (withheld) on March 31, 2026 to cover tax liability related to vesting restricted stock units. The shares were valued at $59.58 each for a total of $125,714. This was a tax-withholding/net settlement transaction (routine), not an open-market sale for cash.

Key Details

• Transaction date and price: March 31, 2026 — 2,110 shares at $59.58 each; total value $125,714. (Transaction code F — tax/withholding.)
• Shares owned after transaction: Not specified in the provided filing details.
• Relevant footnotes: F1 — shares were withheld for net settlement to cover tax on vested RSUs. F6–F8 — references to performance-based RSUs and conditional conversion dates (July 5, 2027 and June 4, 2029) if employment and stock-price targets are met. Other footnotes (F2–F5) describe option vesting schedules included in the filing.
• Filing: Form 4 filed Apr 2, 2026 (no late-filing flag indicated in the provided details).

Context

• This was a tax-withholding/net settlement (code F), which is routine when restricted stock units vest; it does not necessarily indicate a CEO decision to take profits via an open-market sale. Some RSUs referenced are performance-based and convert to shares only if certain targets and continued employment conditions are met.