Gebhardt Eric 4

What Happened

• Eric Gebhardt, Chief Technology Officer of Westinghouse Air Brake Technologies Corp. (Wabtec, ticker WAB), was granted 2,685 shares on March 5, 2026. The Form 4 reports an acquisition price of $0.00 (award), and the company used a 30‑day average closing price of $248.782 to calculate the award’s value at approximately $667,980.

Key Details

• Transaction date: 2026-03-05; Filing date: 2026-03-09 (filed 4 days after the transaction).
• Reported acquisition price: $0.00 (award/grant; Form 4 code A).
• Valuation basis: 30-day average closing price of $248.782 per share (footnote F1).
• Calculated value: 2,685 shares × $248.782 ≈ $667,979.67 (~$668K).
• Shares owned after transaction: Not specified in the filing.
• Timeliness: The Form 4 was filed March 9 for a March 5 transaction, which is outside the standard 2-business-day reporting window and appears to be a late filing.

Context

• This was an equity award (compensation), not an open‑market purchase or sale; awards are routine executive compensation and do not by themselves indicate a buy/sell signal.
• The filing does not detail vesting or restrictions; such awards often vest over time or are subject to performance criteria, which affects when the insider can sell.