WAB executive granted 3,515 phantom stock units
Schweitzer Pascal reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Schweitzer Pascal reported acquisition or exercise transactions in this Form 4 filing.
Westinghouse Air Brake Technologies Corporation reported that President Transit Pascal Schweitzer received a grant of 3,515 shares of phantom stock on March 5, 2026. Each phantom stock unit is the economic equivalent of one share of the company’s common stock.
These phantom stock units vest in stages, with 33.33% vesting each year beginning March 1, 2027, aligning Schweitzer’s compensation with the company’s long-term performance. Following this grant, Schweitzer holds a total of 3,515 phantom stock units directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 3,515 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Westinghouse Air Brake Technologies Corporation's common stock.
- F2. Shares of Phantom Stock vest at 33.33% per year beginning March 1, 2027.
FAQ
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What insider transaction did WAB President Transit Pascal Schweitzer report?
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