Director at Westinghouse Air Brake (NYSE: WAB) receives 765-share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harty Linda S reported acquisition or exercise transactions in this Form 4 filing.
Westinghouse Air Brake Technologies Corp director Linda S. Harty received a stock award of 765 shares of common stock on May 13, 2026. The grant was a compensation-related award at no purchase price to her, with a fair market value of $268.035 per share on the grant date. These shares vest on the first anniversary of the grant, and following this award she now directly owns 12,482 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harty Linda S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Direct | 765 | $0.00 | -- |
Holdings After Transaction:
Common Stock - Direct — 12,482 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
Grant price: $0.00 per share
Fair market value: $268.035 per share
+1 more
4 metrics
Shares granted
765 shares
Stock award to director on May 13, 2026
Grant price
$0.00 per share
Reported transaction price for the 765-share award
Fair market value
$268.035 per share
Fair market value on May 13, 2026
Shares owned after
12,482 shares
Director’s direct holdings following the grant
Key Terms
Grant, award, or other acquisition, Fair Market Value, vest, Common Stock - Direct
4 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.
Common Stock - Direct financial
"security_title: Common Stock - Direct"
FAQ
What insider transaction did Westinghouse Air Brake (WAB) report for Linda S. Harty?
Linda S. Harty received an award of 765 shares of Westinghouse Air Brake common stock. The transaction was reported as a grant or award acquisition, not an open-market purchase or sale, and reflects equity-based compensation to a company director.
Was Linda S. Harty’s WAB stock award an open-market purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. It is coded as a grant, award, or other acquisition, with a reported price of $0.00 per share, indicating it was issued as part of director compensation rather than bought in the market.