Santana Rafael 4
4 · WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Wabtec (WAB) CEO Rafael Santana Sells 3,596 Shares
What Happened
Rafael Santana, President & CEO (and a Director) of Westinghouse Air Brake Technologies Corp. (Wabtec, ticker: WAB), sold a total of 3,596 shares in open-market transactions on February 10–11, 2026 for aggregate proceeds of approximately $897,081. The February 10 trades were for 1,798 shares (three sales at weighted-average prices of $244.58, $245.60 and $246.44) totaling about $441,794. The February 11 trades were for 1,798 shares across multiple sales (weighted-average prices ranged roughly $249.42–$256.97 per the filing) totaling about $455,287. These were sales (code S) — routine insider selling for liquidity rather than a purchase signal.
Key Details
- Transaction dates: Feb 10, 2026 and Feb 11, 2026 (filed on Feb 12, 2026). Filing appears timely (Form 4 filed within the standard two-business-day window).
- Total shares sold: 3,596; total proceeds: ≈ $897,081.
- Reported prices: weighted-average prices by trade; detailed footnotes show the trade-price ranges across multiple executions from about $243.95 up to $257.525. The reporting person offers to provide a per-price breakdown on request (see footnotes F1–F11).
- Transaction type: Open-market sales (S).
- Shares owned after transaction: Not provided in the information you gave from the filing.
- Footnotes: Each reported price is a weighted average of multiple executions within ~ $1.00 ranges (see F1–F11). The filer offers to supply full per-price details to Wabtec, security holders, or the SEC staff on request.
Context
Insider sales are common and can be for many personal reasons (diversification, tax planning, etc.); they do not by themselves prove a change in the CEO’s view of the company. For retail investors, purchases typically carry more interpretive weight than routine sales. This filing documents open-market disposals only; there is no indication here of option exercises, gifts, or a 10b5-1 plan in the provided text.
Insider Transaction Report
- Sale
Common Stock - Direct
[F1]2026-02-10$244.58/sh−426$104,192→ 120,121 total - Sale
Common Stock - Direct
[F2]2026-02-10$245.60/sh−617$151,537→ 119,504 total - Sale
Common Stock - Direct
[F3]2026-02-10$246.44/sh−755$186,065→ 118,749 total - Sale
Common Stock - Direct
[F4]2026-02-11$249.42/sh−59$14,716→ 118,690 total - Sale
Common Stock - Direct
[F5]2026-02-11$250.53/sh−251$62,884→ 118,439 total - Sale
Common Stock - Direct
[F6]2026-02-11$251.53/sh−114$28,674→ 118,325 total - Sale
Common Stock - Direct
[F7]2026-02-11$252.74/sh−352$88,963→ 117,973 total - Sale
Common Stock - Direct
[F8]2026-02-11$253.76/sh−456$115,714→ 117,517 total - Sale
Common Stock - Direct
[F9]2026-02-11$254.83/sh−458$116,712→ 117,059 total - Sale
Common Stock - Direct
[F10]2026-02-11$255.59/sh−94$24,026→ 116,965 total - Sale
Common Stock - Direct
[F11]2026-02-11$256.97/sh−14$3,598→ 116,951 total
Footnotes (11)
- [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 $243.95 to $244.885 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.
- [F10]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 $255.36 to $255.87 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 (10) to this Form 4.
- [F11]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 $256.895 to $257.525 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 (11) to this Form 4.
- [F2]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 $245.045 to $246.03 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.
- [F3]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 $246.055 to $247.00 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 (3) to this Form 4.
- [F4]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 $248.985 to $249.69 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 (4) to this Form 4.
- [F5]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 $250.005 to $250.99 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 (5) to this Form 4.
- [F6]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 $251.055 to $252.025 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 (6) to this Form 4.
- [F7]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 $252.215 to $253.19 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 (7) to this Form 4.
- [F8]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 $253.245 to $254.21 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 (8) to this Form 4.
- [F9]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 $254.345 to $255.34 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 (9) to this Form 4.