---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-052069"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2023-10-05T23:59:59+00:00"
generated_at: "2026-06-10T04:20:49.692231+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# CECO grants performance-based PSUs to CFO and Chief Legal Officer; stock price targets $22-$35

## Summary
- Peter Johansson (CFO) granted 47,247 PSUs; Joycelynn Watkins-Asiyanbi (CAO/CLO) granted 41,341 PSUs.
- PSUs vest on July 5, 2027 if stock price exceeds $22 (100% payout) or $35 (200% payout) for 20 consecutive trading days.
- Vesting also requires continuous employment through July 5, 2027.
- Grants align with similar PSU award to CEO Todd Gleason earlier in 2023.

## SEC filing metadata
- accession: 0000950170-23-052069
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2023-10-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000095017023052069/0000950170-23-052069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000095017023052069/ceco-20230929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-052069
- JSON: https://secwatch.observer/filing/0000950170-23-052069.json
- Plain text: https://secwatch.observer/filing/0000950170-23-052069.txt

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