Schweitzer Pascal 4

What Happened

• Pascal Schweitzer, President — Transit at Westinghouse Air Brake Technologies (WAB), was granted 22,707 shares on 2026-02-12 valued at $257.52 each (total value $5,847,620). Simultaneously, 7,721 of those shares were withheld to satisfy tax obligations at the same price (value $1,988,351), leaving a net 14,986 shares issued to him.

Key Details

• Transaction date(s) and price(s): 2026-02-12 — Award (A): 22,707 shares @ $257.52 ($5,847,620); Tax withholding (F): 7,721 shares @ $257.52 ($1,988,351).
• Net shares retained by insider after withholding: 14,986 shares.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — shares were withheld from issuance to satisfy tax obligations (cashless withholding).
• Filing date: 2026-02-17 (the report was filed after the reported transaction date and therefore appears to be late).

Context

• This was an equity award (grant) to an executive, not an open-market purchase or sale. The withholding of shares to cover taxes is common in awards and is recorded as a disposition (code F) but does not represent a voluntary sale on the market. Such grants provide compensation interest alignment but do not, by themselves, indicate the insider’s buying or selling sentiment.