other_material
confidence high
sentiment neutral
materiality 0.30
CECO grants CFO Peter K. Johansson 30,000 performance-based RSUs with $60 stock target
CECO ENVIRONMENTAL CORP
- Grant of 30,000 PSUs with four-year vesting (September 12, 2029) tied to stock price performance.
- PSUs earn 100% at $60/share; max 200% if $100/share is reached for 20 consecutive trading days.
- No payout if stock price stays below $60 during performance period.
- Dividend equivalents accrue on PSUs and pay in cash upon vesting.