Westinghouse Air Brake (NYSE: WAB) exec granted shares, withholds for tax
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
- None.
Negative
- None.
Insider Trade Summary
| 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 |
Footnotes (1)
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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.
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.