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WESTINGHOUSE AIR BRAKE (NYSE: WAB) executive reports stock sale

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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.

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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*
Jain Nalin

(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)
President, Digital Electronics
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
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 02/25/2026 S 7,936 D $264.0945(1) 6,364 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $264.0801 to $264.19 inclusive. The reporting person undertakes to provide Westinghouse Air Brake Technologies Corporation ("Wabtec"), any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
Remarks:
David L. DeNinno, POA for Nalin Jain 02/26/2026
** 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 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.

At what price did Nalin Jain sell WAB shares in this Form 4?

The reported sale used a weighted average price of $264.0945 per WAB share. Footnotes state the shares were sold in multiple trades between $264.0801 and $264.19, all within a $1.00 price range during the transaction.

How many WESTINGHOUSE AIR BRAKE (WAB) shares does Nalin Jain hold after the sale?

After the reported sale, Nalin Jain directly owns 6,364 shares of WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP common stock. This post-transaction holding is shown in the Form 4 as total shares directly owned following the open-market sale.

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.
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