WESTINGHOUSE AIR BRAKE (NYSE: WAB) executive reports stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP executive Nalin Jain reported an open-market stock sale. As President, Digital Electronics, he sold 7,936 shares of common stock in a single reported transaction at a weighted average price of $264.0945 per share, and now directly holds 6,364 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,936 shares ($2,095,854)
Net Sell
1 txn
Insider
Jain Nalin
Role
President, Digital Electronics
Sold
7,936 shs ($2.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock - Direct | 7,936 | $264.0945 | $2.10M |
Holdings After Transaction:
Common Stock - Direct — 6,364 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did WAB executive Nalin Jain report?
Nalin Jain reported selling 7,936 shares of WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP common stock in an open-market transaction. The sale was disclosed on Form 4 as a non-derivative transaction involving directly held common shares.
What role does Nalin Jain hold at WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP?
Nalin Jain serves as President, Digital Electronics at WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP. His position as an officer makes him a reporting person required to disclose transactions in company equity securities on Form 4.
Was Nalin Jain’s WAB stock sale a direct or indirect ownership transaction?
The Form 4 shows the transaction as involving directly owned common stock, coded with ownership type "D" for direct. There is no indication in the filing that the shares were held through a separate entity or indirect ownership structure.