WALLMAN RICHARD F 4
4 · CECO ENVIRONMENTAL CORP · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
CECO Director Richard F. Wallman Buys 15,000 Shares
What Happened
Richard F. Wallman, a director of CECO Environmental Corp (CECO), made open‑market purchases on April 29, 2026, acquiring 10,000 shares at $73.25 ($732,500) and 5,000 shares at an average of $73.80 ($368,990), for a total of 15,000 shares costing approximately $1,101,490. These were purchases (code P), which are generally treated as a more informative/“bullish” insider activity than sales, though no motive should be assumed.
Key Details
- Transaction date: 2026-04-29 (reported in Form 4 filed 2026-05-01; filing appears timely).
- Prices and amounts: 10,000 shares @ $73.25 ($732,500); 5,000 shares @ $73.80 (weighted avg) ($368,990).
- Total acquired: 15,000 shares for ~$1,101,490.
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Footnote: The $73.80 figure reflects a weighted average for multiple transactions that ranged from $73.78 to $73.80; the reporting person will provide a breakdown on request.
Context
This filing records straightforward open‑market purchases by a company director. Purchases can signal confidence but do not prove future performance; no options exercise, gift, or tax withholding is involved in these entries.
Insider Transaction Report
- Purchase
Common Stock
2026-04-29$73.25/sh+10,000$732,500→ 229,909 total - Purchase
Common Stock
[F1]2026-04-29$73.80/sh+5,000$368,990→ 85,500 total(indirect: By Spouse)
Footnotes (1)
- [F1]Price reflects the weighted average purchase price for multiple transactions that ranged from $73.78 to $73.80 per share. The Reporting Person undertakes to provide, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.