Trombley Gina 4
Research Summary
AI-generated summary
WAB EVP Gina Trombley Receives Stock Award ($1.58M)
What Happened
- Gina Trombley, EVP Sales & Marketing of Westinghouse Air Brake Technologies (WAB), received a stock award on 2026-02-12 for 6,142 shares valued at $257.52 each (total $1,581,719). To satisfy tax withholding, 2,579 of those shares were withheld (disposed) at the same price for $664,157, leaving a net of 3,563 shares retained (net value ≈ $917,562).
Key Details
- Transaction date: 2026-02-12 (reported on Form 4 filed 2026-02-17).
- Award: 6,142 shares @ $257.52/share = $1,581,719 (transaction code A).
- Tax withholding: 2,579 shares withheld @ $257.52/share = $664,157 (transaction code F; footnote F1: shares withheld to satisfy tax obligations).
- Net shares retained from the grant: 3,563 shares (net value ≈ $917,562).
- Shares owned after transaction: not disclosed in this filing.
- Filing timeliness: reported on 2026-02-17 for a 2026-02-12 transaction; filing appears timely.
Context
- This was an equity award (grant) with a portion withheld to cover taxes — a common administrative step that is not a market sale. The award increases her holdings by the net retained shares; it is not an open-market purchase.