WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP·4

Feb 17, 2:59 PM ET

Jain Nalin 4

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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.