---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-083221"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2025-06-06T23:59:59+00:00"
generated_at: "2026-05-19T18:53:50.250447+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CECO CEO gets 150K PSUs vesting if stock hits $40 within 4 years

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-083221
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2025-06-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000095017025083221/0000950170-25-083221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000095017025083221/ceco-20250604.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-083221
- JSON: https://secwatch.observer/filing/0000950170-25-083221.json
- Plain text: https://secwatch.observer/filing/0000950170-25-083221.txt

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