CECO ENVIRONMENTAL CORP — Director's Dealing 2023

Dec 26, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CECO ENVIRONMENTAL CORP (CECO)
CIK: 0000003197
Period of Report: 2023-12-21

Reporting Person: Gleason Todd R (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-21	Common Stock	S	14500	$21.1095	Disposed	184965	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	444	Indirect
Common Stock	444	Indirect
Common Stock	444	Indirect
Common Stock	444	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (225000)	225000	Direct

Footnotes

F1: Price reflects the weighted average purchase price for multiple transactions that ranged from $21.08 to $21.19 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 purchased 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 at the fourth anniversary of the grant date 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.