CECO ENVIRONMENTAL CORP·4

Jun 3, 7:09 PM ET

KNOWLING ROBERT E JR 4

Research Summary

AI-generated summary

Updated

CECO Director Robert E. Knowling Jr Receives 2,215 RSUs

What Happened

  • Robert E. Knowling Jr, a director of CECO Environmental Corp. (CECO), received an award of 2,215 restricted stock units (RSUs) on 2026-06-01. The grant is reported as an acquisition (code A) at $0.00 (no cash paid at grant).
  • Each RSU represents a contingent right to one share of CECO common stock; conversion and distribution of the underlying shares are deferred under the company’s Deferred Compensation Plan for Non-Employee Directors and occur upon termination of the director’s service.

Key Details

  • Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears to be filed within the typical two-business-day window).
  • Grant: 2,215 restricted stock units; reported price: $0.00; reported value at grant: $0.
  • Shares owned following the transaction: not specified in the filing.
  • Footnotes: F1 — RSUs granted under the Deferred Compensation Plan for Non-Employee Directors; F2 — conversion/distribution of RSUs deferred until termination of director service.
  • Filing includes Exhibit 24 (Power of Attorney).

Context

  • RSU grants to non-employee directors are a common form of compensation and are typically deferred; they do not represent an immediate purchase or sale of shares and therefore are not a direct market signal.
  • These RSUs will convert to actual shares only when the director’s service ends (per the plan), so there is no immediate increase in tradable shares held by the director.