Wabtec executive sells 7,936 shares in open trade
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP executive Nalin Jain reported an open-market stock sale.
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
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)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.