Wabtec insider plans $1.83M stock sale via trading plan

A notice proposed that Rafael Santana may sell up to 6,531 WAB Class A shares via Goldman under Rule 144, tied to a $1.83M plan.

Rhea-AI Filing Summary

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB) is the issuer of Class A common stock covered by a notice of proposed sale filed for the account of Rafael Santana. The notice states that up to 6,531 shares of Class A common stock may be sold through Goldman Sachs & Co. LLC under Rule 144. These shares were acquired on 03/06/2024 as compensation in the form of restricted stock units. As of this notice, the filing lists 168,910,851 shares outstanding of the same class and an aggregate market value of the proposed sale of 1,827,373.8. The sales are described as being made pursuant to a selling plan dated May 18, 2026 that is intended to comply with Rule 10b5-1(c). The filing also lists several prior sales over the past three months from a joint account held by Rafael Santana and Rachel Santana.

Key Figures

Shares to be sold under Rule 144: 6,531 shares Aggregate market value of shares to be sold: 1,827,373.8 Shares outstanding: 168,910,851 shares +4 more

7 metrics

Shares to be sold under Rule 144 6,531 shares Class A Common Stock proposed for sale for Rafael Santana

Aggregate market value of shares to be sold 1,827,373.8 Aggregate market value for 6,531 shares of Class A Common Stock

Shares outstanding 168,910,851 shares Class A Common Stock outstanding referenced in the notice

Date shares acquired as compensation 03/06/2024 Acquisition date for restricted stock units underlying the shares

Planned sale date 09/01/2026 Approximate date of sale for the proposed Rule 144 transaction

Recent sale share size 1,163 shares Each of six listed sales in the past three months from joint account

Example recent sale amount 347,780.26 Transaction amount for 1,163 shares sold on 08/04/2026

Key Terms

Rule 144, Restricted Stock Units, Rule 10b5-1(c), JTWROS, +1 more

5 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.

Restricted Stock Units financial

"Acquired as compensation -- Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Rule 10b5-1(c) regulatory

"selling plan dated May 18, 2026 that is intended to comply with Rule 10b5-1(c)"

Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.

JTWROS financial

"Rafael Santana & Rachel Santana JTWROS 30 Isabella Street Pittsburgh PA 15212"

Class A Common Stock financial

"Class A Common Stock | Goldman Sachs & Co. LLC"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for WAB?

It discloses a proposed sale of up to 6,531 shares of Westinghouse Air Brake Technologies Corp Class A common stock for the account of Rafael Santana under Rule 144, with Goldman Sachs & Co. LLC acting as the broker.

How many WAB shares does Rafael Santana plan to sell under this Form 144?

The notice covers a proposed sale of 6,531 shares of Westinghouse Air Brake Technologies Corp Class A common stock. These shares were originally acquired as compensation in the form of restricted stock units on March 6, 2024.

What is the aggregate market value of the WAB shares covered by this Form 144?

The filing lists an aggregate market value of 1,827,373.8 for the 6,531 shares of Class A common stock proposed to be sold under Rule 144, based on the information provided in the securities information section.

How many WAB shares are outstanding according to this Form 144?

The Form 144 states that there are 168,910,851 shares of Westinghouse Air Brake Technologies Corp Class A common stock outstanding, as referenced in the securities information section for the proposed Rule 144 sale.

What prior WAB stock sales by Rafael Santana are listed in the past 3 months?

The filing lists six sales from a joint account of Rafael and Rachel Santana, each for 1,163 shares of Class A common stock on dates in June, July, and August 2026, with transaction amounts such as 304,304.3 and 347,780.26.

Is the WAB Form 144 sale under a Rule 10b5-1 plan?

Yes. The remarks state that the sales of shares are made in connection with a selling plan dated May 18, 2026 that is intended to comply with Rule 10b5-1(c).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/01/2026 - 05:12 PM EDT Accepted by SEC EDGAR 09/01/2026 - 05:11 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001767799
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Westinghouse Air Brake Technologies Corporation
SEC File Number	033-90866
Address of Issuer	30 Isabella Street Pittsburgh PENNSYLVANIA 15212
Phone	1-412-825-1000
Name of Person for Whose Account the Securities are To Be Sold	Rafael Santana
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	6531	1827373.8	168910851	09/01/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	03/06/2024	Acquired as compensation -- Restricted Stock Units	The Issuer			6531	03/06/2024	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Rafael Santana & Rachel Santana JTWROS 30 Isabella Street Pittsburgh PA 15212	Class A Common Stock	06/05/2026	1163	304304.3
Rafael Santana & Rachel Santana JTWROS 30 Isabella Street Pittsburgh PA 15212	Class A Common Stock	06/08/2026	1163	303616.85
Rafael Santana & Rachel Santana JTWROS 30 Isabella Street Pittsburgh PA 15212	Class A Common Stock	07/06/2026	1163	304783.69
Rafael Santana & Rachel Santana JTWROS 30 Isabella Street Pittsburgh PA 15212	Class A Common Stock	07/07/2026	1163	298760.74
Rafael Santana & Rachel Santana JTWROS 30 Isabella Street Pittsburgh PA 15212	Class A Common Stock	08/04/2026	1163	347780.26
Rafael Santana & Rachel Santana JTWROS 30 Isabella Street Pittsburgh PA 15212	Class A Common Stock	08/05/2026	1163	345443.22

144: Remarks and Signature

Remarks	The sales of shares set forth herein are made in connection with a selling plan dated May 18, 2026 that is intended to comply with Rule 10b5-1(c).
Date of Notice	09/01/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	05/18/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Goldman Sachs & Co. LLC on behalf of Rafael Santana
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)