Mendonca Rogerio 4

What Happened

• Rogerio Mendonca, President of Wabtec's Equipment Group, sold a total of 3,500 shares in open-market transactions on February 20, 2026. The filings report two lots: 1,580 shares at a weighted average price of $263.74 (≈ $416,710) and 1,920 shares at a weighted average price of $264.59 (≈ $508,010), for a combined proceeds of about $924,720. These were sales (not purchases or option exercises).

Key Details

• Transaction date: 2026-02-20 (reported on Form 4 filed 2026-02-23).
• Lot 1: 1,580 shares sold; weighted avg price $263.74; reported range $263.22–$264.20 (Footnote F1).
• Lot 2: 1,920 shares sold; weighted avg price $264.59; reported range $264.24–$265.02 (Footnote F2).
• Total sold: 3,500 shares for ≈ $924,720.
• Shares owned after transaction: not specified in the provided excerpt; Footnote F3 notes nine shares were previously omitted from reported beneficial ownership.
• Filing timeliness: Form 4 was filed three days after the trades (2/23 vs. 2/20) and does not indicate a late filing in the disclosure.

Context

• These were open-market sales (transaction code S). Sales by executives can be routine (tax planning, diversification, pre-established plans) or for other personal reasons; the filing does not state a motivation.
• No option exercises, awards, gifts, or tax-withholding transactions are reported in this Form 4 excerpt.