Wabtec (WAB) President Michael Fetsko Sells 3,250 Shares

What Happened

• Michael Fetsko, President of Freight Components Group at Westinghouse Air Brake Technologies Corp. (Wabtec, ticker WAB), sold a total of 3,250 shares on August 20, 2026 in open‑market transactions.
• The sales were reported as two transactions: 2,962 shares at a weighted average price of $293.16 (proceeds $868,334) and 288 shares at a weighted average price of $293.84 (proceeds $84,627). Total reported proceeds ≈ $952,961.
• These were sales (not purchases); sales are often routine (e.g., diversification or tax planning) and do not by themselves indicate company performance.

Key Details

• Transaction date: August 20, 2026; Form 4 filed with the SEC on August 21, 2026 (appears timely).
• Prices and ranges:
  • 2,962 shares at reported weighted avg $293.16; actual transaction prices ranged $292.74 to $293.6675 (per footnote).
  • 288 shares at reported weighted avg $293.84; actual transaction prices ranged $293.80 to $294.065 (per footnote).
• Total shares sold: 3,250; total proceeds ≈ $952,961.
• Shares owned after the transactions: not provided in the supplied filing excerpt.
• No 10b5‑1 trading plan, option exercise, gift, or tax‑withholding notation was disclosed in the provided summary—only open‑market sales and the weighted‑price footnotes.

Context

• This report documents outright sales of existing stock rather than option exercises or awards. For retail investors, purchases by insiders are typically more informative as bullish signals; sales can be routine and have many non‑company‑performance reasons.