Westinghouse Air Brake (NYSE: WAB) holder plans 2,910-share sale
Rhea-AI Filing Summary
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB) received a notice under Rule 144 that Rogerio Guimaraes Mendonca intends to sell 2,910 shares of common stock through Morgan Stanley Smith Barney LLC. The filing lists an aggregate market value of $864,427.14 and a proposed sale date of August 21, 2026 on the NYSE.
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Key Figures
Shares to be sold: 2,910 shares
Aggregate market value: $864,427.14
Proposed sale date: 08/21/2026
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5 metrics
Shares to be sold
2,910 shares
Common stock covered by the Rule 144 notice
Aggregate market value
$864,427.14
Value associated with the 2,910 common shares
Proposed sale date
08/21/2026
Intended sale date for the common shares on NYSE
Performance Stock Units shares
2,440 shares
Performance Stock Units dated 02/15/2024
Restricted stock vesting shares
470 shares
Restricted Stock Vesting Under a Registered Plan dated 03/01/2024
Key Terms
Rule 144, Performance Stock Units, Restricted Stock Vesting Under a Registered Plan, Form 144
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Performance Stock Units financial
"Common | 02/15/2024 | Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Restricted Stock Vesting Under a Registered Plan financial
"Common | 03/01/2024 | Restricted Stock Vesting Under a Registered Plan"
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing for WAB disclose?
The Form 144 discloses that Rogerio Guimaraes Mendonca intends to sell 2,910 shares of WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP common stock, with an indicated aggregate market value of $864,427.14, through Morgan Stanley Smith Barney LLC.
What types of equity awards are referenced in the WAB Form 144?
The filing references Performance Stock Units dated February 15, 2024 covering 2,440 shares and Restricted Stock Vesting Under a Registered Plan dated March 1, 2024 covering 470 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.