Wabtec officer disposes shares to cover taxes
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP executive reports tax-related share disposition.
Rhea-AI Filing Summary
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP executive reports tax-related share disposition. EVP & Chief Admin. Officer Nicole B. Theophilus disposed of 478 shares of common stock at $263.015 per share on March 2, 2026 to cover withholding taxes on vesting restricted shares, and now directly holds 18,802 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 478 shares
Exercise Price or Tax Liability
1 txn
Insider
Theophilus Nicole B
Role
EVP & Chief Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 478 | $263.015 | $126K |
Holdings After Transaction:
Common Stock — 18,802 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WAB executive Nicole B. Theophilus report?
Nicole B. Theophilus reported disposing of 478 shares of WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP common stock. The shares were withheld by the company to satisfy tax obligations tied to vesting restricted shares, not as an open-market sale, and she continues to hold 18,802 shares directly.
What does transaction code "F" mean in the WAB Form 4 filing?
Transaction code “F” in the WAB Form 4 indicates a tax-withholding disposition. It shows that shares were delivered back to the company to pay the exercise price or related tax liability, rather than representing a discretionary purchase or sale on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.