WAB Director Gifts 2,270 Shares; Ownership Now 11,717 – Form 4
Westinghouse Air Brake Technologies Corp. (WAB) – Form 4 filing Director Linda S. Harty reported a Code G transaction (bona fide gift) of 2,270 common shares on 30-Jul-2025.
Rhea-AI Filing Summary
Westinghouse Air Brake Technologies Corp. (WAB) – Form 4 filing
Director Linda S. Harty reported a Code G transaction (bona fide gift) of 2,270 common shares on 30-Jul-2025. No cash consideration was received (price $0). Following the gift, Harty’s direct ownership stands at 11,717 shares. No derivative securities were involved and no additional transactions were disclosed.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider gift; negligible market impact.
This filing reflects a non-monetary transfer, trimming the director’s holdings by roughly 16% to 11,717 shares. Because the shares were gifted rather than sold, it does not signal valuation concerns or liquidity needs. Given Wabtec’s multi-billion-dollar market cap, the transaction is immaterial to float and earnings per share. I view the disclosure as neutral for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock - Direct | 2,270 | $0.00 | $0.00 |
FAQ
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What was the transaction code in the Form 4 for WAB?
Did the Form 4 include any derivative security transactions?
Does this insider transaction affect WAB’s earnings or guidance?
AI-generated analysis. How Rhea-AI works. Not financial advice.