Wabtec (WAB) CEO Rafael Santana Sells 2,326 Shares

What Happened

• Rafael Santana, President & CEO and a director of Westinghouse Air Brake Technologies Corp. (Wabtec, ticker WAB), sold a total of 2,326 shares in open-market transactions on August 4–5, 2026. The individual lots ranged from 54 to 629 shares at weighted-average prices between about $296 and $300, generating total proceeds of roughly $693,224. These were outright sales (transaction code S), not purchases or option exercises.

Key Details

• Transaction dates: August 4 and August 5, 2026; Form 4 filed August 6, 2026 (timely filing).
• Individual lots reported (shares @ weighted avg. price → proceeds):
  • 80 @ $296.46 → $23,717
  • 120 @ $297.68 → $35,721
  • 334 @ $298.90 → $99,831
  • 629 @ $299.70 → $188,511
  • 397 @ $296.14 → $117,569
  • 518 @ $297.05 → $153,874
  • 194 @ $298.26 → $57,863
  • 54 @ $298.85 → $16,138
• Total: 2,326 shares sold for approximately $693,224.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Notable footnotes: Each reported price is a weighted average covering multiple trades within narrow ranges (see F1–F8). The filer offers to provide a breakdown of the exact number of shares sold at each separate price on request.
• Other: Filing does not indicate a 10b5‑1 plan, option exercise, gift, or tax‑withholding disposition in the provided excerpt.

Context

• These were open‑market sales by the CEO. Sales by executives can reflect many things (portfolio rebalancing, tax planning, liquidity needs) and are not, by themselves, proof of a change in outlook on the company.
• Purchases generally carry more weight as a bullish signal; this report documents routine insider selling activity. If you need the precise per-trade prices within the ranges, the filer has committed to provide that breakdown on request.