Wabtec (NYSE: WAB) executive reports open-market sale of 3,500 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westinghouse Air Brake Technologies Corp executive Rogerio Mendonca reported selling 3,500 shares of Wabtec common stock in open-market transactions. The sales on February 20, 2026 were executed in two blocks of 1,580 and 1,920 shares at weighted average prices of $263.7404 and $264.5883 per share, respectively.
After these sales, Mendonca directly owned 10,101 shares of common stock. The reported prices reflect weighted averages for multiple trades within narrow ranges, and a footnote clarifies that nine shares were previously omitted from his beneficial ownership total.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,500 shares ($924,719)
Net Sell
2 txns
Insider
Mendonca Rogerio
Role
President, Equipment Group
Sold
3,500 shs ($925K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock - Direct | 1,580 | $263.7404 | $417K |
| Sale | Common Stock - Direct | 1,920 | $264.5883 | $508K |
Holdings After Transaction:
Common Stock - Direct — 12,012 shares (Direct)
Footnotes (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 $263.22 to $264.2 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. 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 $264.24 to $265.02 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. Includes nine shares inadvertently omitted previously in the amount of securities beneficially owned by the reporting person.
FAQ
What insider transaction did WAB executive Rogerio Mendonca report?
Rogerio Mendonca reported selling 3,500 shares of WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP common stock. The sales occurred in two separate open-market transactions on February 20, 2026, reflecting a net reduction in his directly held Wabtec share position as disclosed in the Form 4.
What is the transaction type reported in this WAB Form 4?
The Form 4 reports open-market sales of non-derivative common stock by executive Rogerio Mendonca. Both transactions are coded as “S,” described as sales in open-market or private transactions, and are categorized as direct ownership changes in Wabtec common stock, not derivative instruments.
Did the WAB insider transactions involve direct or indirect ownership?
The reported transactions involve directly owned common stock of WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP. The filing classifies ownership as direct, with no indication in the footnotes that the shares are held through trusts, partnerships, or other entities, and no disclaimer of beneficial ownership is provided.
What do the Form 4 footnotes for the WAB insider sale explain?
The footnotes explain that reported prices are weighted averages for multiple trades within $1 ranges between $263.22 and $265.02. They state that detailed trade-by-trade pricing is available on request and clarify inclusion of nine previously omitted shares in the beneficial ownership total.