---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-019345"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2022-10-06T23:59:59+00:00"
generated_at: "2026-06-23T05:13:04.056337+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# CECO Environmental finalizes separation agreement with former CFO Matthew Eckl

## Summary
- Separation agreement includes $366,000 lump sum cash severance payment.
- Eckl receives $251,625 cash payment equal to 125% of 2022 annual incentive target.
- Accelerated vesting of 54,807 unvested restricted stock units from 2018-2021 grants.
- Payment of 12 months of taxable COBRA premiums for continued health coverage.
- Benefits conditioned on release of claims and compliance with restrictive covenants.

## SEC filing metadata
- accession: 0000950170-22-019345
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2022-10-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000095017022019345/0000950170-22-019345-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000095017022019345/cece-20220930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-019345
- JSON: https://secwatch.observer/filing/0000950170-22-019345.json
- Plain text: https://secwatch.observer/filing/0000950170-22-019345.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.