WAB EVP reports tax-withholding share disposition
Westinghouse Air Brake Technologies Corp executive Gregory Sbrocco reported a tax-related share disposition.
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Rhea-AI Filing Summary
Westinghouse Air Brake Technologies Corp executive Gregory Sbrocco reported a tax-related share disposition. On the vesting of restricted stock, the company withheld 1,227 shares of common stock at a price of $263.015 per share to cover his withholding tax obligations. This was recorded as a tax-withholding disposition rather than an open-market sale. After this transaction, he directly owns 19,932 shares of the company’s common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock - Direct | 1,227 | $263.015 | $323K |
Footnotes (1)
- F1. The amount of securities withheld by the Company to discharge withholding tax obligations of the reporting person in connection with the vesting of restricted shares.
FAQ
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What did WAB executive Gregory Sbrocco report in this Form 4 filing?
Was Gregory Sbrocco’s WAB transaction an open-market sale or a tax withholding?
What role does Gregory Sbrocco hold at Westinghouse Air Brake Technologies (WAB)?
AI-generated analysis. How Rhea-AI works. Not financial advice.