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Wabtec (NYSE: WAB) CTO sells 7,100 shares in open-market trades

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Form Type
4

Rhea-AI Filing Summary

Eric Gebhardt, Chief Technology Officer of Westinghouse Air Brake Technologies, reported selling a total of 7,100 shares of Wabtec common stock on July 24, 2026. The shares were sold in four open-market transactions at weighted-average prices of $297.386, $298.8574, $299.6913 and $300.4941 per share.

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Insider Gebhardt Eric
Role Chief Technology Officer
Sold 7,100 shs ($2.12M)
Type Security Shares Price Value
Sale Common Stock - Direct F1 1,107 $297.386 $329K
Sale Common Stock - Direct F2 2,040 $298.8574 $610K
Sale Common Stock - Direct F3 2,353 $299.6913 $705K
Sale Common Stock - Direct F4 1,600 $300.4941 $481K
Holdings After Transaction: Common Stock - Direct — 19,153 shares (Direct)
Footnotes (4)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $297.00 to $297.96 inclusive. The reporting person undertakes to provide Westinghouse Air Brake Technologies Corporation ("Wabtec"), any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
  2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $298.18 to $299.175 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
  3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $299.19 to $300.115 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
  4. F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $300.30 to $301.02 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.
Total shares sold 7,100 shares Aggregate Wabtec common stock sold by Eric Gebhardt on 2026-07-24
First sale tranche 1,107 shares at $297.386 Weighted-average price sale of Wabtec common stock on 2026-07-24 (footnote F1)
Second sale tranche 2,040 shares at $298.8574 Weighted-average price sale of Wabtec common stock on 2026-07-24 (footnote F2)
Third sale tranche 2,353 shares at $299.6913 Weighted-average price sale of Wabtec common stock on 2026-07-24 (footnote F3)
Fourth sale tranche 1,600 shares at $300.4941 Weighted-average price sale of Wabtec common stock on 2026-07-24 (footnote F4)
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Transaction code description: Sale in open market or private transaction"
Common Stock - Direct financial
"security_title: Common Stock - Direct"

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FAQ

What insider stock sale did WAB report for CTO Eric Gebhardt?

Wabtec (WAB) reported that Chief Technology Officer Eric Gebhardt sold 7,100 shares of common stock on July 24, 2026. The Form 4 lists four separate open-market sale transactions at disclosed weighted-average prices.

How many WAB shares did the CTO sell and on what date?

On July 24, 2026, Wabtec CTO Eric Gebhardt sold an aggregate of 7,100 shares of WAB common stock. The total comes from four reported non-derivative transactions, all coded as open-market or private sales.

At what prices were Eric Gebhardt’s WAB shares sold?

The reported weighted-average sale prices were $297.386, $298.8574, $299.6913 and $300.4941 per share. Footnotes explain each is a weighted average price for multiple trades executed within a $1.00 price band.

Were Eric Gebhardt’s WAB stock sales under a Rule 10b5-1 plan?

The Form 4’s document-level Rule 10b5-1 checkbox is not marked for these transactions. The footnotes describe price ranges and weighted averages but do not state that a Rule 10b5-1 trading plan governed the sales.

What type of security did Eric Gebhardt sell in WAB?

All reported transactions involve Common Stock - Direct of Westinghouse Air Brake Technologies (WAB). The filing shows four non-derivative sales of directly held common shares, with no accompanying option exercises or derivative transactions.

How are the sale prices for WAB shares described in Gebhardt’s Form 4?

Each transaction’s price is reported as a weighted average price. Footnotes state the shares were sold in multiple trades, each within a $1.00 price range, and that detailed price breakdowns are available upon request to the company or SEC staff.
SEC Form 4
FORM 4UNITED 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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock - Direct07/24/2026S1,107D$297.386(1)25,146D
Common Stock - Direct07/24/2026S2,040D$298.8574(2)23,106D
Common Stock - Direct07/24/2026S2,353D$299.6913(3)20,753D
Common Stock - Direct07/24/2026S1,600D$300.4941(4)19,153D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $297.00 to $297.96 inclusive. The reporting person undertakes to provide Westinghouse Air Brake Technologies Corporation ("Wabtec"), any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $298.18 to $299.175 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $299.19 to $300.115 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $300.30 to $301.02 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.
Remarks:
David L. DeNinno, POA for Eric Gebhardt07/27/2026
** Signature of Reporting PersonDate
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)