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Tax withholding trims Westinghouse Air Brake (NYSE: WAB) shareholdings

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Westinghouse Air Brake Technologies Corp Chief Technology Officer Eric Gebhardt reported a tax-related share disposition tied to restricted stock vesting. The company withheld 1,445 shares of common stock at $263.015 per share to cover withholding taxes, leaving him with 23,568 shares held directly.

Positive

  • None.

Negative

  • None.
Insider Gebhardt Eric
Role Chief Technology Officer
Type Security Shares Price Value
Tax Withholding Common Stock - Direct 1,445 $263.015 $380K
Holdings After Transaction: Common Stock - Direct — 23,568 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*
Gebhardt Eric

(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)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 F 1,445(1) D $263.015 23,568 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. The amount of securities withheld by the Company to discharge withholding tax obligations of the reporting person in connection with the vesting of restricted shares.
Remarks:
David L. DeNinno, POA for Eric Gebhardt 03/04/2026
** 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 CTO Eric Gebhardt report on this Form 4?

Eric Gebhardt reported a tax-withholding disposition of Westinghouse Air Brake Technologies common stock. The company withheld 1,445 shares that vested from restricted stock awards to satisfy his tax obligations, rather than an open-market sale transaction.

How many WAB shares were withheld for taxes in Eric Gebhardt’s filing?

The company withheld 1,445 shares of Westinghouse Air Brake Technologies common stock. These shares related to the vesting of restricted stock and were retained by the company to discharge Gebhardt’s withholding tax obligations on that vesting event.

At what price were Eric Gebhardt’s WAB shares valued for the tax withholding?

The withheld shares were valued at $263.015 per share. This price applies to the 1,445 common shares used to cover Eric Gebhardt’s tax obligations arising from the vesting of his restricted stock awards at Westinghouse Air Brake Technologies.

How many WAB shares does Eric Gebhardt hold after this Form 4 transaction?

After the tax-withholding disposition, Eric Gebhardt directly owns 23,568 shares of Westinghouse Air Brake Technologies common stock. This post-transaction figure reflects his remaining direct holdings following the company’s retention of 1,445 vested shares for tax purposes.

Was Eric Gebhardt’s WAB Form 4 transaction an open-market stock sale?

No, the transaction was not an open-market sale. The Form 4 shows a tax-withholding disposition, where Westinghouse Air Brake Technologies withheld 1,445 vested restricted shares to cover Eric Gebhardt’s withholding tax obligations instead of him selling shares in the market.

What does the transaction code F mean in Eric Gebhardt’s WAB Form 4?

Transaction code F indicates payment of an exercise price or tax liability using securities. In this case, Westinghouse Air Brake Technologies withheld 1,445 vested restricted shares from Eric Gebhardt to satisfy his tax withholding obligations on that equity compensation event.