WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP·4

Mar 9, 3:01 PM ET

Sbrocco Gregory 4

Research Summary

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WAB EVP Gregory Sbrocco Receives 2,063-Share Award

What Happened

  • Gregory Sbrocco, EVP Operations of Westinghouse Air Brake Technologies Corp (WAB), was granted 2,063 shares reported as an award/acquisition (transaction code A) on March 5, 2026.
  • The filing shows an acquisition price of $0.00 (company grant). Using the disclosed 30‑day average closing price of $248.782 (footnote), the implied value of the award is about $513,237.

Key Details

  • Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (filed within the typical 2-business-day window).
  • Reported shares acquired: 2,063; reported cash paid: $0.00 (award/grant).
  • Price used to value award: $248.782 (30-day average closing price as of March 5, 2026).
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: F1 explains the 30-day average price used to calculate the number of shares.
  • Transaction type: Award/Grant (A) — not an open‑market purchase or sale.

Context

  • This transaction is a company compensation award (e.g., restricted stock/RSU-style grant reported as an acquisition). Such grants are common components of executive pay and do not necessarily indicate immediate buying or selling intent.
  • The filing appears timely. No indication in the filing of a cashless sale, tax withholding, 10b5-1 plan, or other special conditions.