Jain Nalin 4
4 · WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
WAB President Nalin Jain Receives Stock Award
What Happened Nalin Jain, President, Digital Electronics at Westinghouse Air Brake Technologies (WAB), received a grant/award of 7,257 shares on 2026-02-12 valued at $257.52 per share (total reported value $1,868,859). To cover tax withholding, 3,181 of those shares were withheld (reported as a disposition) at the same per-share price for a value of $819,187. Net issued shares to Jain after withholding were 4,076, with a net value of approximately $1,049,672.
Key Details
- Transaction date: 2026-02-12; Form 4 filed: 2026-02-17.
- Award (Code A): 7,257 shares @ $257.52 — reported value $1,868,859.
- Tax withholding (Code F): 3,181 shares withheld @ $257.52 — reported value $819,187.
- Net shares received: 4,076 (7,257 granted less 3,181 withheld); net value ≈ $1,049,672.
- Shares owned after transaction: not disclosed in the provided filing data.
- Footnote: F1 — shares were withheld from issuance to satisfy tax obligations (routine withholding).
Context This filing reports an equity award (grant) with a customary net-share settlement for taxes — not an open-market purchase or a deliberate sale. Awards and tax-withholding disposals are common for restricted stock/RSU settlements and do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock - Direct
2026-02-12$257.52/sh+7,257$1,868,859→ 17,481 total - Tax Payment
Common Stock - Direct
[F1]2026-02-12$257.52/sh−3,181$819,187→ 14,300 total
Footnotes (1)
- [F1]Shares were withheld from issuance to satisfy tax obligations