other_material
confidence high
sentiment neutral
materiality 0.55
CECO CEO gets 150K PSUs vesting if stock hits $40 within 4 years
CECO ENVIRONMENTAL CORP
- Grant of 150,000 performance-based restricted stock units to CEO Todd R. Gleason on June 4, 2025.
- PSUs vest on June 4, 2029 if stock price reaches $40 for 20 consecutive trading days; up to 200% payout at $70.
- No payout unless stock reaches $40; forfeiture if CEO leaves before vesting date.
- Grant is under the 2021 Equity and Incentive Compensation Plan.