This CECO Environmental Director Sold 11,218 Shares for $830,000

2 weeks ago 14

Sarah Sidlow, The Motley Fool

Thu, May 7, 2026 astatine 6:59 AM CDT 4 min read

Munish Nanda, Director astatine CECO Environmental Corp. (NASDAQ:CECO), reported an open-market merchantability of 11,218 shares for a full information of ~$830,000 connected May 1, 2026, according to the SEC Form 4 filing.

Transaction summary

Metric

Value

Shares sold (direct)

11,218

Transaction value

$830,000

Post-transaction shares (direct)

62,031

Post-transaction worth (direct ownership)

$4.61 million

Transaction worth based connected SEC Form 4 reported terms ($74); post-transaction worth based connected May 1, 2026, marketplace adjacent ($74.30).

Key questions

  • What proportionality of Munish Nanda's nonstop involvement was sold successful this transaction?
    The merchantability accounted for 15.31% of Nanda's nonstop holdings successful CECO Environmental Corp, leaving a post-transaction nonstop equilibrium of 62,031 shares.

  • Was this transaction portion of a broader signifier oregon a discrete event?
    This filing marks Nanda's archetypal open-market sale, arsenic anterior filings successful the play were administrative; determination is nary grounds of repeated selling activity.

  • Did indirect holdings oregon derivative securities origin into this Form 4 event?
    No; the transaction impacted lone straight held communal shares, with nary reported enactment successful trusts, LLCs, oregon banal options.

  • How does the timing subordinate to CECO Environmental Corp.'s caller performance?
    The merchantability occurred aft a 204% one-year full instrumentality arsenic of May 1, 2026, suggesting seizure of appreciation but with a meaningful remaining holding, arsenic 84.7% of nonstop shares are inactive retained.

Company overview

Metric

Value

Revenue (TTM)

$803.6 million

Net income (TTM)

$13.67 million

Employees

1,540

1-year terms change

204.4%

1-year terms alteration calculated arsenic of May 1, 2026.

Company snapshot

  • Designs, engineers, and installs aerial prime and fluid handling systems, including filtration, state separation, and emanation power solutions.

  • Generates gross chiefly done the merchantability of engineered systems and services for concern contamination power and process optimization.

  • Serves earthy state processors, refineries, powerfulness generators, manufacturing, and concern sectors requiring biology compliance solutions.

CECO Environmental Corp. operates astatine standard successful the contamination power and concern process optimization market, leveraging engineering expertise to present tailored solutions for analyzable concern needs. The company's strategy focuses connected providing broad emanation power and fluid handling systems to industries with stringent biology requirements. CECO's competitory vantage lies successful its wide merchandise portfolio and established relationships with large concern customers worldwide.

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