Fetsko Michael 4

What Happened Michael Fetsko, President of the Freight Components Group at Westinghouse Air Brake Technologies Corp. (WAB), was granted 1,989 shares on March 5, 2026. The Form 4 reports an acquisition price of $0.00 (a stock award/grant). Using the filing footnote 30‑day average closing price of $248.782, the grant is worth approximately $494,827.

Key Details

• Transaction date: March 5, 2026 — Grant / award (code A).
• Reported acquisition price: $0.00 (typical for stock awards/RSUs).
• 30‑day average price used (footnote): $248.782 per share → implied value ≈ $494,827.
• Shares owned after transaction: Not disclosed in this Form 4.
• Filing date: March 9, 2026 (appears to be filed within the standard two-business-day window).
• Footnote: F1 specifies the 30‑day average closing price used to calculate the number of shares.

Context This was a compensation-related equity award, not an open-market purchase or sale. Such awards are common for executives and are part of pay programs; they do not necessarily signal the insider buying or selling stock for investment reasons. Purchases by insiders are usually more directly informative about personal conviction, while grants reflect company compensation policy.