Gebhardt Eric 4
Research Summary
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WAB CTO Eric Gebhardt Receives Award; Shares Withheld for Taxes
What Happened Eric Gebhardt, Chief Technology Officer of Westinghouse Air Brake Technologies (WAB), was granted 9,491 shares on 2026-02-12 valued at $257.52 each (total value $2,444,170). To satisfy tax withholding obligations, 3,175 of those shares were withheld (treated as disposed) at the same per-share price for a withholding value of $817,642, leaving a net delivery of 6,316 shares to Gebhardt.
Key Details
- Transaction date: 2026-02-12. Filing date: 2026-02-17 (filed 5 days after the transaction; Form 4s are typically due within 2 business days).
- Grant: 9,491 shares @ $257.52 = $2,444,170 (code A — award/grant/acquisition).
- Tax withholding: 3,175 shares withheld @ $257.52 = $817,642 (code F; footnote F1: shares withheld to satisfy tax obligations).
- Net shares issued to insider: 6,316 shares (9,491 − 3,175).
- Shares owned after the transaction: not specified in the provided excerpt; see the full Form 4 for total holdings.
Context This was an equity award (grant) with shares withheld to cover taxes — a common administrative action that does not indicate an open‑market sale or purchase decision. The withholding is a routine settlement method rather than a market sale meant to signal sentiment. The filing was submitted several days after the transaction date; review the full filing for any explanations or additional context.