Wabtec (WAB) CTO Eric Gebhardt Sells Shares

What Happened
Eric Gebhardt, Chief Technology Officer of Westinghouse Air Brake Technologies Corp (Wabtec, ticker WAB), sold a total of 7,100 shares in open-market transactions on July 24, 2026, generating roughly $2.12 million in proceeds. The sales were reported as four tranches:

• 1,107 shares at a weighted average price of $297.39 (proceeds $329,206) (F1)
• 2,040 shares at $298.86 (proceeds $609,669) (F2)
• 2,353 shares at $299.69 (proceeds $705,174) (F3)
• 1,600 shares at $300.49 (proceeds $480,791) (F4)
  These transactions are sales (S) — not purchases or option exercises.

Key Details

• Transaction date: 2026-07-24; Form 4 filed: 2026-07-27 (filed within required reporting window).
• Aggregate shares sold: 7,100; aggregate proceeds: ~$2,124,840.
• Price notes: Each tranche shows a weighted-average price and a per-tranche price range (see footnotes F1–F4). Detailed per-price breakdowns are available upon request as noted in the filing.
• Shares owned after the transaction: not specified in the excerpt provided.
• No 10b5-1 plan, gift, option exercise, or tax-withholding event is indicated in the provided information.

Context
Insider sales are common and can reflect many things (portfolio diversification, routine selling to cover taxes, etc.); they do not by themselves signal company performance. Purchases are generally considered more directly informative about insider sentiment than routine sales.