Wabtec (NYSE: WAB) equipment chief sells stock without 10b5-1 plan
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
Analyzing...
Insider Trade Summary
Net Seller: 2,919 shares
Net Sell
2 txns
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)
- 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.
- 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.
Key Figures
Shares sold (larger block): 2,910 shares
Weighted average sale price: $297.054 per share
Price range of larger sale block: $296.43–$297.35 per share
+3 more
6 metrics
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
Key Terms
weighted average price, beneficial ownership, open market
3 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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.