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Wabtec (NYSE: WAB) equipment chief sells stock without 10b5-1 plan

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB) reported that officer Rogerio Mendonca, President, Equipment Group, sold 2,919 shares of common stock in open-market transactions on 2026-08-21. The sales comprised 2,910 shares at a weighted average price of $297.054 and 9 shares at $296.2401 per share. The larger block’s price reflects multiple trades between $296.43 and $297.35. The filing states his beneficial ownership figure has been adjusted for a previously inadvertent underreporting of 9 shares, and the transactions are not marked as made under a Rule 10b5-1 trading plan.

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Insights

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Insider Mendonca Rogerio
Role President, Equipment Group
Sold 2,919 shs ($867K)
Type Security Shares Price Value
Sale Common Stock - Direct F1, F2 2,910 $297.054 $864K
Sale Common Stock - Direct 9 $296.2401 $3K
Holdings After Transaction: Common Stock - Direct — 7,968 shares (Direct)
Footnotes (2)
  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 $296.43 to $297.35 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 reporting person's beneficial ownership amount has been adjusted to reflect an inadvertent underreporting of 9 shares of Common Stock in the Reporting Person's prior reports.
Shares sold (larger block) 2,910 shares Open-market sale of common stock on 2026-08-21 by Rogerio Mendonca
Weighted average sale price $297.054 per share For the 2,910-share sale block, with individual trades between $296.43 and $297.35
Price range of larger sale block $296.43–$297.35 per share Range of prices for multiple transactions within the 2,910-share sale
Additional shares sold 9 shares at $296.2401 per share Second open-market sale of WAB common stock on 2026-08-21
Total shares sold 2,919 shares Sum of both reported sale transactions on 2026-08-21
Previously underreported shares 9 shares Adjustment to beneficial ownership for inadvertent underreporting in prior reports
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.
beneficial ownership financial
"The reporting person's beneficial ownership amount has been adjusted"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
open market financial
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

FAQ

What insider transaction did WAB disclose for Rogerio Mendonca on this Form 4?

WAB disclosed that officer Rogerio Mendonca sold a total of 2,919 shares of common stock in open-market transactions on 2026-08-21, all held directly.

At what prices did Rogerio Mendonca sell WAB shares on 2026-08-21?

Rogerio Mendonca sold 2,910 shares at a weighted average price of $297.054 per share, with individual trades between $296.43 and $297.35, and an additional 9 shares at $296.2401 per share.

How many WAB shares did Rogerio Mendonca sell in total according to this Form 4?

According to the Form 4, Rogerio Mendonca sold a total of 2,919 WAB common shares in two open-market sale transactions on 2026-08-21.

Were Rogerio Mendonca’s WAB stock sales under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan (false), and the footnotes do not describe a trading plan, so the transactions are not stated as made under Rule 10b5-1.

What adjustment to beneficial ownership does WAB report for Rogerio Mendonca?

The filing states that Rogerio Mendonca’s beneficial ownership amount has been adjusted to reflect an inadvertent underreporting of 9 shares of common stock in prior reports.

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Learn about SEC filing dates
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).
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*
Mendonca Rogerio

(Last)(First)(Middle)
30 ISABELLA STREET

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Equipment Group
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026
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 - Direct08/21/2026S2,910D$297.054(1)7,977(2)D
Common Stock - Direct08/21/2026S9D$296.24017,968D
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 $296.43 to $297.35 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 reporting person's beneficial ownership amount has been adjusted to reflect an inadvertent underreporting of 9 shares of Common Stock in the Reporting Person's prior reports.
Remarks:
David L. DeNinno, POA for Rogerio Mendonca08/24/2026
** 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)