Olin John A 4

What Happened

• John A. Olin, Executive Vice President & Chief Financial Officer of Westinghouse Air Brake Technologies (WAB), received an award of 27,917 shares on 2026-02-12 valued at $257.52 per share (total $7,189,325). To satisfy tax obligations, 13,835 of those shares were withheld (disposed) at the same price for $3,562,858, leaving a net delivery of 14,082 shares valued at approximately $3.63M.

Key Details

• Transaction dates and prices: 2026-02-12; award/ acquisition (Code A) 27,917 shares @ $257.52; tax withholding (Code F) 13,835 shares @ $257.52.
• Reported values from filing: Award = $7,189,325; Shares withheld for taxes = $3,562,858; net value retained ≈ $3,626,467.
• Shares owned after transaction: Not disclosed in the information provided in this summary.
• Footnote: F1 indicates shares were withheld from issuance to satisfy tax obligations (common for vested awards/RSUs).
• Filing timeliness: Form 4 was filed 2026-02-17 for a 2026-02-12 transaction — this appears to be one business day late (Form 4 is generally due within 2 business days).

Context

• This was an award/vesting event rather than an open-market purchase or sale; withholding shares to cover taxes is a routine cashless mechanism and does not necessarily indicate a change in the insider's market view. For retail investors, awards reflect company compensation practices, while net purchases are typically viewed as a stronger signal of personal bullishness.