WAB (WAB) director Byron Foster receives 765-share stock grant at $268.04 value
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Foster Byron S. reported acquisition or exercise transactions in this Form 4 filing.
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP director receives stock grant. On May 13, 2026, director Byron S. Foster was granted 765 shares of common stock as a compensation award at a reported fair market value of $268.035 per share. These shares vest on the first anniversary of the grant date, and his directly held common stock increased to 8,219 shares after the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Foster Byron S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Direct | 765 | $0.00 | -- |
Holdings After Transaction:
Common Stock - Direct — 8,219 shares (Direct, null)
Footnotes (1)
- Fair Market Value of the stock on May 13, 2026 was $268.035 per share. Shares vest on the first anniversary of grant date.
Key Figures
Shares granted: 765 shares
Fair market value per share: $268.035 per share
Shares owned after transaction: 8,219 shares
3 metrics
Shares granted
765 shares
Common Stock grant on May 13, 2026
Fair market value per share
$268.035 per share
Value on May 13, 2026 for the grant
Shares owned after transaction
8,219 shares
Direct common stock holdings following the grant
Key Terms
Grant, award, or other acquisition, Fair Market Value, vest
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Fair Market Value financial
"Fair Market Value of the stock on May 13, 2026 was $268.035 per share."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vest financial
"Shares vest on the first anniversary of grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.