Wabtec CFO covers taxes with 4,511 shares
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP Executive Vice President & CFO John A. Olin reported a tax-related share disposition.
Rhea-AI Filing Summary
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP Executive Vice President & CFO John A. Olin reported a tax-related share disposition. On the vesting of restricted shares, the company withheld 4,511 shares of common stock at $263.015 per share to cover his withholding tax obligations. After this withholding event, he directly holds 55,976 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 4,511 shares
Exercise Price or Tax Liability
1 txn
Insider
Olin John A
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock - Direct | 4,511 | $263.015 | $1.19M |
Holdings After Transaction:
Common Stock - Direct — 55,976 shares (Direct)
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 insider transaction did WAB CFO John A. Olin report on this Form 4?
John A. Olin reported a tax-withholding disposition of 4,511 shares of WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP common stock. The shares were withheld by the company to satisfy his tax obligations upon vesting of restricted shares, not sold in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.