Jain Nalin 4
4 · WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Wabtec (WAB) President Nalin Jain Sells Shares
What Happened
- Nalin Jain, President, Digital Electronics at Westinghouse Air Brake Technologies Corp (Wabtec), sold 7,936 shares in open-market transactions on February 25, 2026. The weighted-average price reported was $264.09 per share, for a total proceeds of $2,095,854. This was a sale (Transaction code S), not a purchase.
Key Details
- Transaction date: 2026-02-25 (reported on Form 4 filed 2026-02-26; timely filing).
- Price: weighted-average $264.09; sales occurred at prices ranging from $264.0801 to $264.19 (per footnote).
- Total proceeds: $2,095,854.
- Shares owned after transaction: not provided in the excerpt of this filing.
- Footnote: the reported price is a weighted average; the filer offers to provide the exact breakdown of shares sold at each price within the stated range upon request to the company, shareholders, or the SEC staff.
- Transaction type: Open-market sale (S). No 10% owner status or option exercise noted in this filing.
Context
- This was an open-market sale by a company officer. Sales by insiders can occur for many reasons (diversification, personal needs, planned trading programs) and do not by themselves indicate a change in the company’s outlook. The filing does not show any derivative exercise, gift, or tax-withholding event tied to this sale.
Insider Transaction Report
Form 4
Jain Nalin
President, Digital Electronics
Transactions
- Sale
Common Stock - Direct
[F1]2026-02-25$264.09/sh−7,936$2,095,854→ 6,364 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $264.0801 to $264.19 inclusive. The reporting person undertakes to provide Westinghouse Air Brake Technologies Corporation ("Wabtec"), any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
Signature
David L. DeNinno, POA for Nalin Jain|2026-02-26