Director at Westinghouse Air Brake (NYSE: WAB) granted 765 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Babcock Beverley A reported acquisition or exercise transactions in this Form 4 filing.
Westinghouse Air Brake Technologies Corp director Beverley A. Babcock received a stock grant of 765 shares of common stock on May 13, 2026. The award was granted at no cash cost, with a fair market value of $268.035 per share on the grant date.
The shares vest on the first anniversary of the grant date, meaning Babcock must remain in service for one year before the award fully vests. After this grant, Babcock directly holds a total of 4,740 shares of Westinghouse Air Brake Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Babcock Beverley A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 765 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,740 shares (Direct, null)
Footnotes (1)
- Fair Market Value of the stock on May 13, 2026 was $268.035 per share. Shares vest on the first anniversary of grant date.
Key Figures
Stock grant size: 765 shares
Fair market value per share: $268.035 per share
Total shares after grant: 4,740 shares
+2 more
5 metrics
Stock grant size
765 shares
Common stock award to Beverley A. Babcock on May 13, 2026
Fair market value per share
$268.035 per share
Fair market value of stock on May 13, 2026
Total shares after grant
4,740 shares
Babcock’s direct holdings following the transaction
Transaction code
A
Classified as grant, award, or other acquisition
Vesting schedule
First anniversary of grant date
Shares vest one year after May 13, 2026
Key Terms
Grant, award, or other acquisition, fair market value, vest, common stock
4 terms
Grant, award, or other acquisition financial
"Transaction code A is described as "Grant, award, or other acquisition" for the common stock."
fair market value financial
"Fair Market Value of the stock on May 13, 2026 was $268.035 per share."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vest financial
"Shares vest on the first anniversary of grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
common stock financial
"The security involved in the transaction is listed as Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Westinghouse Air Brake (WAB) report for Beverley A. Babcock?
Westinghouse Air Brake reported that director Beverley A. Babcock received a grant of 765 shares of common stock. The award was made on May 13, 2026 as a compensation-related stock grant rather than an open-market purchase or sale.
Was Beverley A. Babcock’s WAB stock award an open-market purchase or a compensation grant?
The transaction is a compensation-related stock grant classified as a "Grant, award, or other acquisition" under code A. Babcock did not buy shares in the market; instead, the company awarded 765 shares as part of director compensation.