WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP·4

Feb 17, 3:06 PM ET

Mendonca Rogerio 4

Research Summary

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WAB President Rogerio Mendonca Receives Stock Award

What Happened

  • Rogerio Mendonca, President of the Equipment Group at Westinghouse Air Brake Technologies Corp (WAB), was granted 7,257 shares on 2026-02-12 at a reported per-share value of $257.52 (total value $1,868,859). To satisfy tax obligations, 3,181 of those shares were withheld (disposed) at the same per-share value, equal to $819,187, leaving a net issuance of 4,076 shares to Mendonca. The grant is reported under transaction code A (award/acquisition) and the withholding under code F (tax withholding).

Key Details

  • Transaction dates and prices: 2026-02-12 — Grant 7,257 shares @ $257.52 (value $1,868,859); Withholding 3,181 shares @ $257.52 (value $819,187).
  • Net shares received: 4,076 shares (7,257 granted minus 3,181 withheld).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: F1 — Shares were withheld from issuance to satisfy tax obligations (cashless withholding).
  • Filing timeliness: Report filed 2026-02-17 for a 2026-02-12 transaction (filed five days after the transaction), which is later than the typical 2-business-day Form 4 reporting window.

Context

  • This was a compensation stock award with shares withheld to cover taxes (a routine cashless withholding), not an open-market purchase or sale. Awards signal company compensation activity rather than direct buying/selling sentiment by the insider.