DEZWIREK JASON 4

What Happened

• Jason DeZwirek, a director of CECO Environmental Corp. (CECO), sold a total of 68,000 CECO shares in two open-market transactions. He sold 34,000 shares on 2026-06-24 for about $96.61 per share (proceeds $3,284,706) and 34,000 shares on 2026-06-25 for about $97.28 per share (proceeds $3,307,493). Total proceeds from the two sales were approximately $6,592,199. These were sales (not purchases), which are typically routine dispositions and do not, by themselves, indicate company performance.

Key Details

• Transaction dates and prices:
  • 2026-06-24: 34,000 shares sold; reported weighted-average price ~$96.61 (range cited $96.30–$97.06). (Footnote F1)
  • 2026-06-25: 34,000 shares sold; reported weighted-average price ~$97.28 (range cited $96.66–$98.40). (Footnote F2)
• Total shares sold: 68,000; total reported proceeds ≈ $6,592,199.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing date: Form 4 filed 2026-06-26 for transactions on 2026-06-24 and 2026-06-25 — appears to be filed timely.
• Notable footnotes:
  • F1 & F2 explain the reported prices are weighted averages across multiple trades and the reporter can provide per-trade details on request.
  • F3 states the reporting person is an officer of Icarus Investment Corp. and disclaims beneficial ownership except to the extent of his pecuniary interest, suggesting the shares may be held via that entity.
• No 10b5-1 plan or tax-withholding notation is disclosed in the provided information.

Context

• These were open-market sales by a director. Sales are common for liquidity, portfolio management, or entity-related reasons; they are not in themselves a clear signal of insider views on the company’s prospects.
• The F3 disclaimer indicates these holdings/sales relate to an investment vehicle (Icarus Investment Corp.), so the filing may reflect institutional/investment management activity rather than personal trading.