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Westinghouse Air Brake (NYSE: WAB) exec granted shares, withholds for tax

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Westinghouse Air Brake Technologies executive Nalin Jain reported an equity award and related tax withholding in company stock. On 02/12/2026, he acquired 7,257 shares of common stock at $257.525 per share through a grant or similar award, bringing his direct holdings to 17,481 shares.

On the same date, 3,181 shares of common stock were disposed of in a tax-withholding transaction at $257.525 per share, as shares were withheld from issuance to satisfy tax obligations. After this withholding, Jain directly owned 14,300 shares of Westinghouse Air Brake Technologies common stock.

Positive

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Negative

  • None.
Insider Jain Nalin
Role President, Digital Electronics
Type Security Shares Price Value
Grant/Award Common Stock - Direct 7,257 $257.525 $1.87M
Tax Withholding Common Stock - Direct 3,181 $257.525 $819K
Holdings After Transaction: Common Stock - Direct — 17,481 shares (Direct)
Footnotes (1)
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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)
02/12/2026
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 02/12/2026 A 7,257 A $257.525 17,481 D
Common Stock - Direct 02/12/2026 F 3,181 D $257.525(1) 14,300 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. Shares were withheld from issuance to satisfy tax obligations
Remarks:
David L. DeNinno, POA for Nalin Jain 02/17/2026
** 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 an equity award and a related tax withholding in WAB shares. He acquired 7,257 shares of common stock via a grant, then 3,181 shares were withheld to cover tax obligations, leaving him with 14,300 directly owned shares after the transactions.

How many Westinghouse Air Brake (WAB) shares does Nalin Jain own after this Form 4?

After the reported transactions, Nalin Jain directly owns 14,300 WAB common shares. His holdings first rose to 17,481 shares following a 7,257-share award, then dropped when 3,181 shares were withheld from issuance to satisfy associated tax obligations.

Was Nalin Jain’s WAB stock transaction an open-market buy or sell?

The filing shows an equity award and a tax-withholding disposition, not open-market trading. Code “A” reflects a grant or other acquisition of 7,257 shares, while code “F” reflects 3,181 shares withheld from issuance to pay tax obligations tied to that stock award.

What role does Nalin Jain hold at Westinghouse Air Brake Technologies (WAB)?

Nalin Jain serves as an officer of Westinghouse Air Brake Technologies with the title President, Digital Electronics. His Form 4 filing reports changes in his beneficial ownership of WAB common stock due to a share grant and related tax-withholding transaction.

At what price were Nalin Jain’s WAB share transactions recorded?

Both the equity award and the tax-withholding disposition were recorded at $257.525 per WAB common share. This per-share price applies to the 7,257 shares acquired through the grant and the 3,181 shares withheld to satisfy related tax obligations.

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