STOCK TITAN

Santana couple (NYSE: WAB) files to sell 6,978 Class A shares

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

Rhea-AI Filing Summary

Rafael Santana and Rachel Santana filed a Form 144 proposing the sale of 6,978 shares of Class A Common Stock. The shares were acquired as compensation (restricted stock awards) on 03/02/2023. The notice lists multiple recent dispositions by the same holders in the past three months, including a sale of 60,852 shares on 04/14/2026 for $16,362,579.47. This filing is a regulatory notice of intent to sell shares under Rule 144; timing and distribution methods are governed by the securities law procedures reflected in the notice.

Positive

  • None.

Negative

  • None.

Insights

Routine affiliate resale notice; recent large dispositions are notable for scale.

The Form 144 shows an intended resale of 6,978 shares acquired as restricted stock awards on 03/02/2023. The filing also documents multiple executed sales in the prior three months, including 60,852 shares sold on 04/14/2026 for $16,362,579.47, which illustrates recent liquidity events by the holders.

Cash‑flow treatment and exact distribution methods are not specified in the excerpt. Subsequent transaction reports or brokerage disclosures could clarify whether the proposed sale is part of routine portfolio management or a larger divestiture strategy.

Proposed shares to sell 6,978 shares Securities to be sold; acquired as Restricted Stock Awards on 03/02/2023
Recent sale (example) 60,852 shares Sale executed on 04/14/2026 (past three months table)
Proceeds from 04/14/2026 sale $16,362,579.47 Proceeds reported for the 60,852‑share sale on 04/14/2026
Example smaller sale 1,163 shares Sale on 03/09/2026 with proceeds $282,728.09
Shares outstanding (listed) 169,677,346 Figure shown alongside securities information with date 05/04/2026
Form 144 regulatory
"144: Securities To Be Sold | Class A Common Stock"
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.
Restricted Stock Awards financial
"03/02/2023 | Acquired As Compensation - Restricted Stock Awards"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
JTWROS legal
"Rafael Santana & Rachel Santana JTWROS 30 Isabella Street"

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 did the Form 144 filed for WAB report?

The filing reports an intent to sell 6,978 shares of Class A Common Stock. The shares were acquired as restricted stock awards on 03/02/2023, and the notice lists recent dispositions by the same holders.

Who are the selling parties in the WAB Form 144?

The selling parties are listed as Rafael Santana & Rachel Santana (JTWROS). Their address and multiple recent sales are included in the notice, tying the resale activity to these holders.

Does the Form 144 show recent sales by the same holders?

Yes. The filing lists multiple past three‑month transactions, including a sale of 60,852 shares on 04/14/2026 for $16,362,579.47, plus several smaller trades with stated proceeds and dates.

What is the acquisition source for the shares subject to sale?

The shares proposed for resale were acquired as compensation — Restricted Stock Awards on 03/02/2023, as stated in the securities information portion of the notice.

Is the Form 144 itself a confirmation that the sale occurred?

No. The Form 144 is a notice of intent to sell under Rule 144. Executed sales are reported separately; this filing signals planned resale activity rather than certifying completion.