Wabtec (NYSE: WAB) EVP Theophilus receives 2,192-share stock grant

Rhea-AI Filing Summary

Theophilus Nicole B reported acquisition or exercise transactions in this Form 4 filing.

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP reported that EVP & Chief Administrative Officer Nicole B. Theophilus received a stock award of 2,192 shares of common stock on July 1, 2026. The shares vest on the first anniversary of the grant date, making this a time-based equity compensation grant rather than a cash transaction. A footnote states the fair market value of the stock on the grant date was $266.7510 per share. Following this award, she directly holds 23,599 shares of Wabtec common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Theophilus Nicole B

Role EVP & Chief Admin. Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,192	$0.00	--

Holdings After Transaction: Common Stock — 23,599 shares (Direct, null)

Footnotes (1)

1. Shares vest on the first anniversary of grant date. Fair Market Value of the stock on July 1, 2026 was $266.7510 per share.

Key Figures

Stock award size: 2,192 shares Fair market value per share: $266.7510 per share Shares owned after transaction: 23,599 shares +1 more

4 metrics

Stock award size 2,192 shares Common stock grant on July 1, 2026

Fair market value per share $266.7510 per share FMV of Wabtec stock on July 1, 2026

Shares owned after transaction 23,599 shares Total direct holdings following the grant

Transaction code A (grant, award, or other acquisition) Non-derivative common stock transaction

Key Terms

Grant, award, or other acquisition, Fair Market Value, vest, Common Stock

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Fair Market Value financial

"Fair Market Value of the stock on July 1, 2026 was $266.7510 per share."

The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.

vest financial

"Shares vest on the first anniversary of grant date."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 12:55 PM Accepted by SEC EDGAR 07/02/2026 - 12:54 PM Learn about SEC filing dates

FAQ

What insider transaction did WAB report for EVP Nicole B. Theophilus?

Wabtec reported that EVP & Chief Administrative Officer Nicole B. Theophilus received a grant of 2,192 shares of common stock. This equity award is part of her compensation and increases her direct ownership position in the company’s stock.

When do the newly granted WAB shares to Nicole B. Theophilus vest?

The 2,192 granted Wabtec shares vest on the first anniversary of the July 1, 2026 grant date. This one-year vesting schedule means she must remain with the company through that date to receive the full benefit of the award.

What was the fair market value per share for the WAB stock award?

A footnote states the fair market value of Wabtec common stock on July 1, 2026 was $266.7510 per share. This value is used for accounting and compensation purposes to measure the size of the equity award at the time of grant.

How many WAB shares does Nicole B. Theophilus own after this grant?

After receiving the 2,192-share stock award, Nicole B. Theophilus directly owns 23,599 shares of Wabtec common stock. This figure reflects her position immediately following the reported transaction, as disclosed in the Form 4 filing.

Is the WAB Form 4 transaction a purchase or a compensation grant?

The Form 4 describes the transaction as a grant or award acquisition, not an open-market purchase. The shares were issued at a reported price of $0.00 per share, indicating they were provided as equity compensation rather than bought for cash.

What role does Nicole B. Theophilus hold at WAB in this Form 4?

In the Form 4, Nicole B. Theophilus is identified as an officer of Wabtec, serving as Executive Vice President & Chief Administrative Officer. Her position explains why she receives equity-based awards as part of her executive compensation package.

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^*

Theophilus Nicole B

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Admin. Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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	07/01/2026		A		2,192(1)	A	$0(2)	23,599	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 vest on the first anniversary of grant date.

2. Fair Market Value of the stock on July 1, 2026 was $266.7510 per share.

Remarks:

	David L. DeNinno, POA for Nicole Theophilus	07/02/2026
	** 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)