{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-032456","form_type":"8-K","ticker":"CECO","cik":"0000003197","company_name":"CECO ENVIRONMENTAL CORP","filed_at":"2023-07-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.256413+00:00","generated_at":"2026-06-13T10:18:47.950959+00:00","sec_items":[],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CECO CEO Todd Gleason becomes at-will; gets 225K PSUs tied to $22-$35 stock price targets","bullets":["Existing employment agreement not renewed; CEO becomes at-will effective July 5, 2023.","One-time grant of 225,000 performance-based RSUs; vests in 4 years only if stock hits $22 (200% at $35) for 20 consecutive trading days.","Housing allowance of $5,000/month for six months (Aug 2023 – Feb 2024).","CEO enters severance plan at Tier 0 level (2x base salary plus target bonus on CIC qualifying termination).","Severance plan amended to add Good Reason termination rights and enhanced benefits across all tiers."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-032456","json":"https://secwatch.observer/filing/0000950170-23-032456.json","markdown":"https://secwatch.observer/filing/0000950170-23-032456.md","text":"https://secwatch.observer/filing/0000950170-23-032456.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/3197/000095017023032456/0000950170-23-032456-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/3197/000095017023032456/ceco-20230705.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:18:47.950959+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}