WAB (WAB) CEO Rafael Santana has 19,802 shares withheld for tax obligations
Rhea-AI Filing Summary
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP President and CEO Rafael Santana reported a tax-withholding disposition of 19,802 shares of common stock on March 2, 2026. The shares were withheld by the company to cover withholding taxes upon vesting of restricted shares at a price of $263.015 per share. After this transaction, Santana directly owned 159,509 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19,802 shares
Net Sell
1 txn
Insider
Santana Rafael
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock - Direct | 19,802 | $263.015 | $5.21M |
Holdings After Transaction:
Common Stock - Direct — 159,509 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 President and CEO Rafael Santana report?
Rafael Santana reported a tax-withholding disposition of 19,802 WAB common shares. The shares were withheld by the company to satisfy tax obligations arising from the vesting of restricted shares, rather than being sold in an open market transaction.
Was Rafael Santana’s WAB transaction an open market sale or purchase?
The transaction was not an open market sale or purchase. It was a tax-withholding disposition, where the company withheld 19,802 vested restricted shares to pay withholding taxes owed by Rafael Santana on that equity compensation.