Jain Nalin 4

What Happened Nalin Jain, President, Digital Electronics at Westinghouse Air Brake Technologies Corp. (Wabtec, ticker WAB), was granted 1,756 shares on March 5, 2026. The filing shows an acquisition price of $0.00 (an award/grant); the reported value is based on a 30‑day average closing price of $248.782, implying an approximate value of $436,861 for the award. This is a compensation/award transaction (not a market purchase or sale).

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026.
• Transaction type/code: Award/Grant (A); reported price $0.00.
• Number of shares granted: 1,756. Implied value ≈ $436,861 (1,756 × $248.782).
• Shares owned after transaction: not reported in the provided filing.
• Footnote: the share count/value used the 30‑day average closing price of $248.782 as of March 5, 2026.
• Timeliness: filed within a few days (no late filing flagged in this report).

Context An "award" typically reflects compensation (e.g., restricted stock or RSUs) and does not indicate an open‑market purchase or sale by the insider. Such grants are common as part of pay or retention programs; they shouldn’t be read as a direct bullish or bearish market signal on their own.