DeNinno David L 4

What Happened David L. DeNinno, Executive Vice President, General Counsel and Secretary of Westinghouse Air Brake Technologies Corp. (Wabtec, ticker WAB), received an award of 3,763 shares on March 5, 2026. The Form 4 reports the shares as acquired at $0.00 (transaction code A — award/grant). Using the 30‑day average closing price of $248.782 per share (footnote), the grant’s implied value is about $936,167.

Key Details

• Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (filed within the SEC’s two-business-day window).
• Reported price: $0.00 (award/grant); footnote F1: 30-day average closing price used to calculate share count = $248.782.
• Shares granted: 3,763.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• No sale, tax withholding, or disposition reported in the provided excerpt.

Context This was a compensation-related equity award (not an open-market purchase or sale). Awards like this are commonly part of executive pay and do not necessarily indicate the insider’s short-term market view. The Form 4 shows $0.00 per-share because the grant is a non-cash award; the filing’s footnote provides the market-based price used to express the grant’s implied value.