WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP·4

Feb 17, 3:05 PM ET

Fetsko Michael 4

Research Summary

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Updated

WAB President Michael Fetsko Receives Award of 6,922 Shares

What Happened

  • Michael Fetsko, President of the Freight Components Group at Westinghouse Air Brake Technologies (WAB), received an award of 6,922 shares on 2026-02-12 at $257.52 per share (total value $1,782,588).
  • To satisfy tax withholding, 3,036 of those shares were withheld/disposed at the same price (value $781,846), leaving a net issuance of 3,886 shares retained (approximate net value $1,000,723).
  • This was an award/vesting transaction (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-02-12; Filing date: 2026-02-17 (filed 5 days after the transaction; exceeds the typical 2-business-day Form 4 deadline).
  • Award: 6,922 shares @ $257.52 = $1,782,588 (Code A).
  • Tax withholding/disposition: 3,036 shares @ $257.52 = $781,846 (Code F); footnote F1: shares were withheld to satisfy tax obligations.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Transaction codes: A = Award/Grant, F = Tax withholding.

Context

  • This was a compensation-related award (vesting/issuance) rather than a market buy or sell; withholding shares for taxes is a common, routine practice and typically does not signal a trading opinion.
  • For retail investors, purchases or open-market buys by insiders can be more informative of bullish sentiment; awards mainly reflect compensation. The delayed filing may be worth noting for transparency, though it does not change the substance of the award.