Gaur Sameer 4
Research Summary
AI-generated summary
Wabtec (WAB) President Gaur Sameer Sells 1,150 Shares
What Happened
- Gaur Sameer, President, Global Freight Services at Westinghouse Air Brake Technologies Corp. (Wabtec, ticker WAB), sold 1,150 common shares in an open-market transaction on February 26, 2026.
- The weighted-average price was $262.62 per share (range reported $262.605 to $262.65), for total proceeds of $302,016. The Form 4 was filed on February 27, 2026.
Key Details
- Transaction type: Sale (open market) — Form 4 code "S".
- Transaction date: 2026-02-26; Filing date: 2026-02-27 (filed within the required reporting window).
- Price reported: Weighted average $262.62; individual trades occurred at prices within $262.605–$262.65. The filer offers to provide a breakdown of trades/prices on request (footnote F1).
- Shares disposed: 1,150; Total value: $302,016.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- No indication in this filing of option exercises, 10b5-1 plan, gift, or tax-withholding related disposition.
Context
- This is a straightforward open-market sale by an executive. Sales can be routine (diversification, tax planning, scheduled programs) and do not by themselves prove a change in the insider’s view of the company.
- The filing appears timely (reported the business day after the trade), and the footnote clarifies the sale occurred in multiple executions at slightly different prices.