Wabtec (NYSE: WAB) exec has shares withheld for tax on vesting
Rhea-AI Filing Summary
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP executive Sameer Gaur reported a tax-related share disposition. On the vesting of restricted shares, the company withheld 397 shares of common stock at $263.015 per share to cover his withholding tax obligations, leaving him with 11,620 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 397 shares
Net Sell
1 txn
Insider
Gaur Sameer
Role
Pres., Global Freight Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 397 | $263.015 | $104K |
Holdings After Transaction:
Common Stock — 11,620 shares (Direct)
Footnotes (1)
- F1. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did WAB executive Sameer Gaur report?
Sameer Gaur reported a tax-withholding disposition of shares. The company withheld 397 shares of common stock to satisfy his tax obligations arising from the vesting of restricted shares, rather than an open-market sale.
What is Sameer Gaur’s role at WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP?
Sameer Gaur serves as President, Global Freight Services at WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP. His Form 4 filing reflects share withholding for taxes tied to the vesting of his restricted stock awards.