Wabtec (NYSE: WAB) CEO sells 2,326 shares, retains 121,751
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westinghouse Air Brake Technologies Corp President and CEO Rafael Santana sold 2,326 shares of common stock in open-market transactions on July 6 and 7. The sales occurred at prices ranging from $253.9550 to $264.1525 per share. After these trades, he directly holds 121,751 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,326 shares ($603,545)
Net Sell
8 txns
Insider
Santana Rafael
Role
President and CEO
Sold
2,326 shs ($604K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock - Direct | 287 | $254.3415 | $73K |
| Sale | Common Stock - Direct | 147 | $255.604 | $38K |
| Sale | Common Stock - Direct | 189 | $256.4953 | $48K |
| Sale | Common Stock - Direct | 283 | $258.372 | $73K |
| Sale | Common Stock - Direct | 257 | $259.121 | $67K |
| Sale | Common Stock - Direct | 815 | $261.5542 | $213K |
| Sale | Common Stock - Direct | 164 | $262.8078 | $43K |
| Sale | Common Stock - Direct | 184 | $263.677 | $49K |
Holdings After Transaction:
Common Stock - Direct — 122,627 shares (Direct)
Footnotes (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 $261.0475 to $262.04 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. 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 $262.21 to $263.18 inclusive. The reporting person undertakes to provide 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 (2) to this Form 4. 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 $263.26 to $264.1525 inclusive. The reporting person undertakes to provide 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 (3) to this Form 4. 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 $253.9550 to $254.895 inclusive. The reporting person undertakes to provide 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 (4) to this Form 4. 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 $255.04 to $255.9950 inclusive. The reporting person undertakes to provide 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 (5) to this Form 4. 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 $256.095 to $257.0125 inclusive. The reporting person undertakes to provide 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 (6) to this Form 4. 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 $257.7825 to $258.735 inclusive. The reporting person undertakes to provide 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 (7) to this Form 4. 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 $258.795 to $259.38 inclusive. The reporting person undertakes to provide 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 (8) to this Form 4.
Key Figures
Shares sold: 2,326 shares
Post-sale holdings: 121,751 shares
Sale price example: $261.5542 per share
+2 more
5 metrics
Shares sold
2,326 shares
Total common shares sold in open-market transactions on July 6–7
Post-sale holdings
121,751 shares
Common shares directly owned after reported sales
Sale price example
$261.5542 per share
Weighted average sale price for 815 shares on July 6
Sale price example
$259.1210 per share
Weighted average sale price for 257 shares on July 7
Overall price range
$253.9550–$264.1525 per share
Footnoted range of individual trade prices across all sales
Key Terms
weighted average price, open-market sale, non-derivative, Form 4
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type": "non-derivative""
Form 4 regulatory
"range set forth in footnote (1) to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did WAB CEO Rafael Santana report on this Form 4?
Rafael Santana reported selling 2,326 shares of Westinghouse Air Brake Technologies common stock in a series of open-market transactions on July 6 and 7. These trades were disclosed as non-derivative sales of directly held common shares.
Were any derivative securities involved in Rafael Santana’s WAB Form 4 filing?
No derivative securities are shown in this Form 4. All eight reported transactions involve non-derivative common stock, and the derivative summary section indicates zero derivative transactions and no remaining derivative positions in this particular filing.
How many separate sale transactions did the WAB CEO report on this Form 4?
The filing shows eight separate open-market sale transactions in Westinghouse Air Brake Technologies common stock. These occurred over two days, July 6 and 7, with each line item reflecting a weighted average sale price for multiple underlying trades.
Does the WAB Form 4 indicate whether the sale prices are exact or averaged?
The Form 4 specifies that the sale prices reported in Column 4 are weighted average prices. Footnotes explain that the shares were sold in multiple trades within $1.00 price ranges and that detailed per-trade information is available upon request.