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Wabtec (NYSE: WAB) CFO has 4,511 shares withheld to cover taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

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 Olin John A
Role Executive Vice President & CFO
Type Security Shares Price Value
Tax Withholding Common Stock - Direct 4,511 $263.015 $1.19M
Holdings After Transaction: Common Stock - Direct — 55,976 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Olin John A

(Last) (First) (Middle)
30 ISABELLA ST.

(Street)
PITTSBURGH PA 15212

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP [ WAB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President & CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock - Direct 03/02/2026 F 4,511(1) D $263.015 55,976 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
David L. DeNinno, POA for John Olin 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

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.

How many WAB shares were withheld for taxes from the CFO’s restricted stock vesting?

A total of 4,511 WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP common shares were withheld. These shares were retained by the company specifically to cover John A. Olin’s withholding tax obligations arising from the vesting of his restricted stock awards.

What price per share was used for the WAB CFO’s tax-withholding disposition?

The tax-withholding disposition was calculated using a price of $263.015 per WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP common share. This price was applied to the 4,511 shares withheld to determine the value used to satisfy the CFO’s tax obligations.

How many WAB shares does CFO John A. Olin own after this Form 4 transaction?

After the tax-withholding event, John A. Olin directly owns 55,976 WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP common shares. This figure reflects his remaining direct holdings following the 4,511 shares withheld by the company for his tax obligations.

Was the WAB CFO’s Form 4 transaction an open-market sale of shares?

The transaction was not an open-market sale. The 4,511 WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP shares were withheld by the company to cover John A. Olin’s tax obligations upon restricted share vesting, as noted in the filing’s footnote disclosure.