Johansson Peter K. 4
4 · CECO ENVIRONMENTAL CORP · Filed Jun 26, 2026
Research Summary
AI-generated summary of this filing
CECO CFO Peter Johansson Sells 30,000 Shares
What Happened
Peter K. Johansson, Chief Financial Officer of CECO Environmental Corp (CECO), reported an open-market sale of 30,000 shares on June 24, 2026. The weighted average sale price was $96.49 (sales ranged $96.08–$97.00), for total proceeds of approximately $2.89 million. The transaction is coded as a sale (S).
Key Details
- Transaction date: June 24, 2026; Form 4 filed June 26, 2026 (filed within the usual two-business-day window).
- Price: weighted average $96.49; reported price range $96.08–$97.00 (Footnote F1).
- Shares sold: 30,000; reported proceeds ≈ $2,894,802.
- Shares owned after transaction: not disclosed in the provided excerpt of the filing.
- Notable footnotes: F1 explains the weighted average and availability of per-trade details on request; F2–F4 refer to performance-based restricted stock units that convert to common stock only if employment continues and certain price targets are met (conversion dates noted as July 5, 2027 and September 12, 2029).
- No 10b5-1 plan, tax-withholding sale, or gift notation was included in the provided excerpt.
Context
This was a sale (a disposition of shares). Sales by insiders can be routine (diversification or liquidity) and are generally less informative than purchases when trying to infer sentiment. The filing also notes performance-based RSUs in the footnotes that will convert only if certain conditions are met; those are separate from this reported sale. If you want, I can pull the full Form 4 to show post-transaction holdings and any additional details.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-24$96.49/sh−30,000$2,894,802→ 40,746 total
- 47,247
Restricted Stock Units
[F2][F3]→ Common Stock (47,247 underlying) - 30,000
Restricted Stock Units
[F2][F4]→ Common Stock (30,000 underlying)
Footnotes (4)
- [F1]Price reflects the weighted average sale price for multiple transactions that ranged from $96.08 to $97.00 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 sold at each separate price.
- [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]Conversion of restricted stock units to the Company's common stock will occur on September 12, 2029 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.