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