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Westinghouse (WAB) Rule 144 Notice: 10,789 Restricted Shares to Be Sold

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 notice for Westinghouse Air Brake Technologies Corp (WAB) reports a proposed sale of 10,789 shares of Class A common stock through Goldman Sachs & Co. LLC, with an aggregate market value of $2,037,178.98 and an approximate sale date of 09/12/2025 on the NYSE. The shares were acquired by the seller on 03/03/2025 as restricted stock awards and were paid as compensation. The filing also lists recent small sales by Rafael Santana & Rachel Santana (six transactions of 886 shares each) between 06/17/2025 and 08/21/2025, with gross proceeds shown for each trade.

Positive

  • Disclosure provided under Rule 144 showing transparency about the planned sale
  • Securities were acquired as compensation (restricted stock awards), clearly documented with acquisition and payment dates
  • Broker and proposed sale date disclosed (Goldman Sachs & Co. LLC; 09/12/2025), enabling market clarity

Negative

  • Insider intends to sell 10,789 shares (aggregate value $2,037,178.98), which may be viewed negatively by some investors
  • Filer identification details such as full CIK or signer name are not present in the provided text

Insights

TL;DR: Insider plans to sell restricted shares granted in March, totaling 10,789 shares ($2.04M) via Goldman Sachs on NYSE.

The filing documents a routine Rule 144 notice: securities were acquired as compensation and the filer intends to sell them through a broker on the NYSE. The disclosed aggregate market value gives a clear estimate of the transaction size. Recent small sales by Rafael and Rachel Santana are listed, showing active dispositions over the past three months. There is no earnings or operational data in this filing to assess broader company performance.

TL;DR: This is a compliance disclosure of planned insider sales following award vesting, fulfilling Rule 144 requirements.

The notice states the shares were received as restricted stock awards and that the seller affirms no undisclosed material adverse information. The submission names the executing broker and provides dates and proceeds for recent sales, which supports regulatory transparency. The filing contains standard representations and a signature block requirement, but does not include the filers full identifying CIK or explicit signer name in the provided text.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many WAB shares does the filer propose to sell?

The filer proposes to sell 10,789 shares of Class A common stock.

What is the aggregate market value of the proposed sale for WAB?

The aggregate market value is reported as $2,037,178.98.

When were the shares being sold acquired by the filer?

The shares were acquired on 03/03/2025 as restricted stock awards and paid as compensation on the same date.

Which broker is handling the proposed WAB sale and on which exchange?

The broker is Goldman Sachs & Co. LLC and the proposed sale is on the NYSE.

Does the filing list recent sales by the seller?

Yes; six recent sales of 886 shares each by Rafael Santana & Rachel Santana between 06/17/2025 and 08/21/2025 are listed with gross proceeds.

Is the filer required to state they have no undisclosed material information?

Yes; the filing includes the representation that the person does not know any material adverse information not publicly disclosed.
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