Westinghouse Air Brake (NYSE: WAB) exec sells 3,250 shares
Rhea-AI Filing Summary
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB) reported an insider sale by Michael Fetsko, Pres., Freight Components Group. On 2026-08-20, he sold a total of 3,250 shares of common stock in two open-market or private transactions at weighted average prices of $293.158 and $293.8442 per share. The footnotes state each price is a weighted average for multiple trades within narrow ranges around the reported prices.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 3,250 shares
Net Sell
2 txns
Insider
Fetsko Michael
Role
Pres., Freight Components Grp.
Sold
3,250 shs ($953K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock - Direct F1 | 2,962 | $293.158 | $868K |
| Sale | Common Stock - Direct F2 | 288 | $293.8442 | $85K |
Holdings After Transaction:
Common Stock - Direct — 37,380 shares (Direct)
Footnotes (2)
- 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 $292.74 to $293.6675 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.
- 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 $293.80 to $294.065 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.
Key Figures
Shares sold: 3,250 shares
First transaction shares: 2,962 shares
First transaction weighted average price: $293.158 per share
+3 more
6 metrics
Shares sold
3,250 shares
Total common shares sold by Michael Fetsko on 2026-08-20
First transaction shares
2,962 shares
Common Stock - Direct, sale transaction on 2026-08-20
First transaction weighted average price
$293.158 per share
Weighted average sale price for 2,962 shares, with trades from $292.74 to $293.6675
Second transaction shares
288 shares
Common Stock - Direct, sale transaction on 2026-08-20
Second transaction weighted average price
$293.8442 per share
Weighted average sale price for 288 shares, with trades from $293.80 to $294.065
Net buy/sell shares
-3,250 shares
Net shares sold across all reported transactions in this Form 4
Key Terms
weighted average price, open market or private transaction, Common Stock - Direct, transaction code
4 terms
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 "S" described as Sale in open market or private transaction"
Common Stock - Direct financial
"security_title: "Common Stock - Direct" for each transaction"
transaction code regulatory
"transaction_code "S" with description Sale in open market or private transaction"
FAQ
What insider transaction did WAB report for Michael Fetsko?
WAB reported that Michael Fetsko, Pres., Freight Components Group, sold 3,250 shares of common stock on 2026-08-20 in two open-market or private transactions.
Were the reported WAB sale prices exact or weighted averages?
The reported prices were weighted average prices. Each sale involved multiple trades within $1.00 price ranges around the reported averages, as disclosed in the footnotes.
Were Michael Fetsko’s WAB transactions under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for these transactions, and the footnotes do not state that a trading plan applied.
AI-generated analysis. How Rhea-AI works. Not financial advice.