Peter K. Johansson, SVP and Chief Financial Officer of CECO Environmental Corp, filed a Form 4 on August 18, 2026, disclosing a share disposition on August 15, 2026 related to the vesting of restricted stock units.

Key Highlights

  • Reporting person: Peter K. Johansson, SVP and Chief Financial Officer of CECO Environmental Corp (NASDAQ:CECO)
  • Transaction: 2,914 shares of common stock disposed of on August 15, 2026, at a price of $79.59 per share, via transaction code F (shares withheld for tax settlement upon RSU vesting)
  • Remaining direct ownership: 37,832 shares of common stock held directly following the transaction
  • Performance RSUs (first tranche): 47,247 performance-based restricted stock units beneficially owned, convertible on July 5, 2027, subject to employment and stock price conditions
  • Performance RSUs (second tranche): 30,000 performance-based restricted stock units beneficially owned, convertible on September 12, 2029, subject to employment and stock price conditions

CECO Environmental CFO's RSU Tax Withholding and Derivative Holdings

According to the filing, Peter K. Johansson, identified as SVP and Chief Financial Officer of CECO Environmental Corp, reported a single non-derivative transaction dated August 15, 2026. The filing discloses that 2,914 shares of common stock were disposed of at $79.59 per share via transaction code F, which the filing describes as reflecting "shares withheld for net settlement to cover the tax liability for the vesting of restricted stock units." Following this transaction, Johansson directly held 37,832 shares of common stock.

In Table II, the filing discloses two separate holdings of performance-based restricted stock units. The first tranche consists of 47,247 units, for which conversion to common stock is stated to 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." The second tranche consists of 30,000 units with a conversion date of September 12, 2029, subject to the same employment and stock price conditions. Both tranches are held directly and each unit represents, according to the filing, "a contingent right to receive one share of the Company's stock."

The Form 4 was filed on August 18, 2026, and signed by Kiril Kovachev on that date. No amendment date was indicated, and the filing was made by one reporting person.

What Was Disclosed

The filing reports a tax-related share withholding of 2,914 shares at $79.59 upon RSU vesting, leaving Johansson with 37,832 directly held shares, plus two tranches of performance-based RSUs totaling 77,247 units subject to continued employment and stock price targets.