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Westinghouse Air Brake (WAB) insider plans Rule 144 sale of 2,019 shares

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

Rhea-AI Filing Summary

Westinghouse Air Brake Technologies Corporation insider plans to sell common shares under Rule 144. The notice covers 2,019 common shares to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $433,089.03. The issuer had 170,957,186 shares of common stock outstanding at the time referenced. The shares to be sold were acquired from the issuer as restricted stock in two transactions dated March 1, 2024 and February 11, 2024. The seller represents that they are not aware of any material adverse, nonpublic information about the company’s current or future operations.

Positive

  • None.

Negative

  • None.

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

What does the Form 144 filing for WAB disclose?

The Form 144 discloses that an affiliate of Westinghouse Air Brake Technologies Corporation (WAB) plans to sell 2,019 common shares on the NYSE under Rule 144, through Morgan Stanley Smith Barney LLC, with an aggregate market value of $433,089.03.

How many WAB shares are being sold and what is their market value?

The notice covers the proposed sale of 2,019 common shares of Westinghouse Air Brake Technologies Corporation, with an aggregate market value of $433,089.03 as stated in the filing.

How many Westinghouse Air Brake Technologies (WAB) shares are outstanding?

The filing states that there are 170,957,186 common shares outstanding for Westinghouse Air Brake Technologies Corporation at the time referenced.

How and when were the WAB shares being sold under Form 144 acquired?

The shares were acquired from the issuer as restricted stock in two transactions: 446 shares on March 1, 2024 and 1,573 shares on February 11, 2024, both marked as not involving special payment terms.

Which broker is handling the planned WAB share sale under Rule 144?

The planned sale of 2,019 common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

What representation does the seller make about nonpublic information on WAB?

The seller represents that they do not know any material adverse information about the current or prospective operations of Westinghouse Air Brake Technologies Corporation that has not been publicly disclosed.

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