Santana Rafael 4

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.