Wabtec (NYSE: WAB) grants 1,756 common shares to executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP reported that executive Nalin Jain, President, Digital Electronics, acquired 1,756 shares of common stock on a grant or award basis. The shares were acquired at no cash cost per share, bringing his direct holdings to 7,019 shares of common stock.
The number of shares granted was calculated using the 30‑day average closing price of Wabtec stock as of March 5, 2026, which was $248.782 per share, according to the disclosure footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jain Nalin
Role
President, Digital Electronics
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Direct | 1,756 | $0.00 | -- |
Holdings After Transaction:
Common Stock - Direct — 7,019 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did WAB executive Nalin Jain report?
Nalin Jain reported receiving a grant of 1,756 shares of Wabtec common stock. The shares were acquired at no cash cost per share as a grant or award, increasing his direct ownership to 7,019 shares after the transaction.
How was the size of Nalin Jain’s WAB stock grant determined?
The size of the grant was based on Wabtec’s 30‑day average closing price as of March 5, 2026. The filing states this average price was $248.782 per share, and it was used to calculate the 1,756 shares included in the award.
What does transaction code "A" mean in Nalin Jain’s WAB Form 4?
Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of securities. For Nalin Jain, it reflects 1,756 Wabtec common shares received as a stock grant, rather than an open‑market purchase or sale transaction.