CEO Todd Gleason sold 300,000 shares (42.2% reduction) for $15.1M across 5 transactions Sept 18-22 near 52-week highs.
Todd Gleason, Chief Executive Officer of CECO Environmental, executed 5 separate sales totaling 300,000 shares for $15,104,935.76 at a blended average price of $50.35, reducing his post-transaction holdings to 410,835 shares from 710,835 shares. The timing of these sales is notable: they occurred within a four-day window (September 18–22, 2025) at prices ranging from $49.10 to $51.30, with the stock currently trading at $50.53 and having reached 52-week highs of $51.15, placing these sales near the top of the company's recent valuation range. The disposition of 300,000 shares represents a -42.2% reduction in his shareholdings, a material lightening of position by the company's chief executive during a period of strong recent price appreciation (90-day change: +72.0%), which shifts control and financial upside materially away from CEO hands.