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Wabtec CEO (NYSE: WAB) sells 2,326 shares under trading plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Westinghouse Air Brake Technologies Corp President and CEO Rafael Santana sold 2,326 shares of common stock on August 4-5, 2026 in eight open-market transactions executed under a Rule 10b5-1 trading plan. The reported weighted-average sale prices were based on multiple trades within $1 bands between $295.65 and $300.1025 per share.

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Insider Santana Rafael
Role President and CEO
Sold 2,326 shs ($693K)
Type Security Shares Price Value
Sale Common Stock - Direct F5 397 $296.1427 $118K
Sale Common Stock - Direct F6 518 $297.0532 $154K
Sale Common Stock - Direct F7 194 $298.2637 $58K
Sale Common Stock - Direct F8 54 $298.8481 $16K
Sale Common Stock - Direct F1 80 $296.4616 $24K
Sale Common Stock - Direct F2 120 $297.6759 $36K
Sale Common Stock - Direct F3 334 $298.8952 $100K
Sale Common Stock - Direct F4 629 $299.6998 $189K
Holdings After Transaction: Common Stock - Direct — 119,425 shares (Direct)
Footnotes (8)
  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 $296.12 to $297.05 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 $297.22 to $297.9725 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 $298.2825 to $299.2100 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 $299.2850 to $300.1025 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.
  5. F5. 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 $295.65 to $296.59 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 (5) to this Form 4.
  6. F6. 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 $296.66 to $297.585 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 (6) to this Form 4.
  7. F7. 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 $297.705 to $298.695 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 (7) to this Form 4.
  8. F8. 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 $298.73 to $299.1725 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 (8) to this Form 4.
Total shares sold 2326 shares Aggregate non-derivative sales by CEO on 2026-08-04 and 2026-08-05
Number of sale transactions 8 transactions Non-derivative common stock sales reported in this Form 4
Lowest reported trade price $295.65 per share Lower end of price range in footnote F5 for August 5, 2026 sales
Highest reported trade price $300.1025 per share Upper end of price range in footnote F4 for August 4, 2026 sales
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.
multiple transactions financial
"These shares were sold in multiple transactions at prices within $1.00"
open market or private transaction financial
"Sale in open market or private transaction"

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FAQ

What insider activity did WAB CEO Rafael Santana report in this Form 4?
Rafael Santana reported selling 2,326 shares of Westinghouse Air Brake Technologies Corp common stock in eight open-market transactions on August 4-5, 2026, at weighted-average prices disclosed with detailed price ranges in the footnotes.

On what dates did WAB CEO Rafael Santana sell shares, and how many?
The CEO sold shares on August 4 and 5, 2026, totaling 2,326 shares of common stock across eight separate non-derivative sale transactions, each reported with its own weighted-average price and associated price range disclosure.

What prices did WAB CEO Rafael Santana receive for the reported share sales?
The reported weighted-average sale prices ranged across transactions, with underlying trades occurring between $295.65 and $300.1025 per share. Each transaction’s price is a weighted average of multiple trades within a narrow $1 band, as detailed in the footnotes.

Were Rafael Santana’s WAB stock sales made under a Rule 10b5-1 trading plan?
Yes. The Form 4 indicates the Rule 10b5-1 checkbox as affirmed, meaning the reported sales were executed under a pre-arranged trading plan, which can reduce the informational value of the timing of these transactions.

How many individual sale transactions did WAB CEO Rafael Santana report?
He reported eight non-derivative sale transactions of common stock, with no purchases or derivative exercises. Each transaction lists the number of shares sold, a weighted-average price per share, and a footnote describing the underlying trade price range.

What type of security did WAB CEO Rafael Santana sell in this Form 4?
All reported transactions involve Common Stock - Direct of Westinghouse Air Brake Technologies Corp. The sales were classified as non-derivative and executed as sales in open market or private transactions, according to the transaction code description.
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).
X
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*
Santana Rafael
(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026		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 - Direct08/04/2026S80D$296.4616(1)121,671D
Common Stock - Direct08/04/2026S120D$297.6759(2)121,551D
Common Stock - Direct08/04/2026S334D$298.8952(3)121,217D
Common Stock - Direct08/04/2026S629D$299.6998(4)120,588D
Common Stock - Direct08/05/2026S397D$296.1427(5)120,191D
Common Stock - Direct08/05/2026S518D$297.0532(6)119,673D
Common Stock - Direct08/05/2026S194D$298.2637(7)119,479D
Common Stock - Direct08/05/2026S54D$298.8481(8)119,425D
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 $296.12 to $297.05 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 $297.22 to $297.9725 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 $298.2825 to $299.2100 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 $299.2850 to $300.1025 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.
5. 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 $295.65 to $296.59 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 (5) to this Form 4.
6. 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 $296.66 to $297.585 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 (6) to this Form 4.
7. 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 $297.705 to $298.695 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 (7) to this Form 4.
8. 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 $298.73 to $299.1725 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 (8) to this Form 4.
Remarks:
David L. DeNinno, POA for Rafael Santana08/06/2026
** 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)

Source: View Original Filing on SEC EDGAR