Wabtec CEO sells 2,326 shares in open market

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.

Accepted by SEC EDGAR 07/08/2026 - 07:14 PM EDT Learn about SEC filing dates

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.

Insider Trade Summary 10b5-1

Net Seller: 2,326 shares

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 — 121,751 shares (Direct)

Footnotes (8)

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 $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.
2. F2. 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.
3. F3. 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.
4. F4. 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.
5. F5. 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.
6. F6. 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.
7. F7. 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.
8. F8. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

At what prices did the WAB CEO sell shares according to this Form 4?

The reported sales used weighted average prices, with individual trades executed between $253.9550 and $264.1525 per share. Each Form 4 line shows a single average price, with footnotes explaining the underlying price ranges for the multiple transactions.

How many WAB shares does Rafael Santana hold after these reported sales?

Following the reported transactions, Rafael Santana directly owns 121,751 shares of Westinghouse Air Brake Technologies common stock. This post-transaction holding is disclosed in the Form 4 as the total number of shares beneficially owned after the sales.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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).

X

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^*

Santana Rafael

(Last) (First) (Middle)

30 ISABELLA ST.

(Street)

PITTSBURGH PENNSYLVANIA 15212

(City) (State) (Zip)

UNITED STATES

(Country)

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	07/06/2026		S		815	D	$261.5542(1)	123,262	D
Common Stock - Direct	07/06/2026		S		164	D	$262.8078(2)	123,098	D
Common Stock - Direct	07/06/2026		S		184	D	$263.677(3)	122,914	D
Common Stock - Direct	07/07/2026		S		287	D	$254.3415(4)	122,627	D
Common Stock - Direct	07/07/2026		S		147	D	$255.604(5)	122,480	D
Common Stock - Direct	07/07/2026		S		189	D	$256.4953(6)	122,291	D
Common Stock - Direct	07/07/2026		S		283	D	$258.372(7)	122,008	D
Common Stock - Direct	07/07/2026		S		257	D	$259.121(8)	121,751	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 $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.

2. 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.

3. 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.

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.

5. 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.

6. 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.

7. 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.

8. 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.

Remarks:

	David L. DeNinno, POA for Rafael Santana	07/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)