CECO ENVIRONMENTAL CORP·4

Jun 26, 5:11 PM ET

Johansson Peter K. 4

Research Summary

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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.