Harris-Peterson Candace 4
Research Summary
AI-generated summary
CECO CHRO Candace Harris-Peterson Receives RSU Awards
What Happened Candace Harris-Peterson, Chief Human Resources Officer of CECO Environmental Corp., was granted/assumed six converted restricted stock unit awards (transaction code A) on June 1, 2026, totaling 18,886 shares (3,133; 2,735; 6,313; 1,401; 4,679; 625). No purchase price is reported (N/A) because these are awards converted from Thermon equity in connection with CECO’s merger with Thermon. This is an awards/grant event (not a buy or sale) and does not by itself indicate a trading view.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (appears timely).
- Shares reported acquired: 18,886 total (individual awards: 3,133; 2,735; 6,313; 1,401; 4,679; 625). Price: N/A (awards).
- Shares owned after transaction: not specified in the extract of this filing.
- Notable footnotes: awards are Converted RSU Awards assumed from Thermon grants under the merger agreement; conversion used a 0.8110 ratio. Grants originate from multiple dates (2023–2026) with staggered vesting and some performance-unit awards with later vesting (see footnotes F1–F8).
- Transaction code: A = Award/Grant.
Context These awards arise from the Merger Agreement in which Thermon equity was assumed and converted into CECO RSUs/awards (conversion ratio 0.8110). Vesting schedules vary by grant—some awards are fully vested, others vest in installments across 2026–2029, and certain performance units vest in 2027–2028—so not all 18,886 shares may be immediately transferable. Because this is an award/conversion event (not a market purchase or sale), it should be interpreted as compensation/merger-related rather than a direct insider market signal.