WAB (WAB) SVP has 321 shares withheld to cover tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westinghouse Air Brake Technologies Corp executive reports tax-withholding share transaction. Senior Vice President and Chief Accounting Officer John A. Mastalerz Jr. had 321 shares of common stock withheld on March 2, 2026 to cover tax obligations tied to vesting restricted shares at $263.015 per share. After this tax-withholding disposition, he directly holds 7,074 common shares. This was not an open-market purchase or sale but an automatic share withholding to satisfy taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mastalerz John A Jr
Role
SVP Fin, Corp Controller, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock - Direct | 321 | $263.015 | $84K |
Holdings After Transaction:
Common Stock - Direct — 7,074 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did WAB executive John A. Mastalerz Jr. report?
John A. Mastalerz Jr. reported a tax-withholding disposition of 321 shares. These shares were withheld by the company to cover withholding tax obligations related to the vesting of restricted shares, rather than an open-market sale or discretionary trade.
Was the WAB insider transaction an open-market sale or purchase?
No, the transaction was not an open-market sale or purchase. It was a Form 4 code F event, where 321 shares were withheld by the company specifically to discharge withholding tax obligations tied to the vesting of the executive’s restricted stock award.
What does transaction code F mean in the WAB Form 4 filing?
Transaction code F indicates a tax-withholding disposition of shares. In this case, 321 WAB shares were delivered back to the company to satisfy the reporting person’s tax liability arising from vesting restricted shares, rather than being sold on the open market.