Wabtec (NYSE: WAB) legal chief granted 3,763 shares in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DeNinno David L reported acquisition or exercise transactions in this Form 4 filing.
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP executive David L. DeNinno, the Executive VP, General Counsel and Secretary, received a grant of 3,763 shares of common stock on March 5, 2026. The shares were awarded at no cash cost, based on a 30-day average Wabtec stock price of $248.782 per share used to calculate the grant size. Following this award, his directly owned holdings increased to 60,628 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DeNinno David L
Role
Exec VP, General Counsel, Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Direct | 3,763 | $0.00 | -- |
Holdings After Transaction:
Common Stock - Direct — 60,628 shares (Direct)
Footnotes (1)
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FAQ
What did WAB executive David L. DeNinno report on this Form 4?
David L. DeNinno reported receiving a grant of 3,763 shares of Wabtec common stock. The award was a stock grant at no cash cost, increasing his directly owned holdings to 60,628 shares after the transaction.
When was the WAB stock grant to David L. DeNinno effective?
The stock grant to David L. DeNinno was effective on March 5, 2026. On that date, he received 3,763 shares of Wabtec common stock as a grant or award, recorded as an acquisition on the Form 4 filing.
Was the WAB stock grant to David L. DeNinno a market purchase?
No, the Wabtec shares were reported as a grant or award, not a market purchase. The transaction code was “A,” indicating an acquisition through a grant, with a reported transaction price per share of $0.0000.