Santana Rafael 4
4 · WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Westinghouse Air Brake (WAB) CEO Rafael Santana Sells Shares
What Happened Rafael Santana, President & CEO and a director of Westinghouse Air Brake Technologies Corp. (Wabtec, ticker WAB), sold a total of 2,326 shares in open-market transactions on May 4–5, 2026 for aggregate proceeds of roughly $614,844. The filing lists nine separate disposal entries ranging from 23 to 366 shares at weighted-average prices between about $262 and $266, with reported per-entry proceeds shown for each trade.
Transaction breakdown:
- 2026-05-04: 366 sh @ $262.30 = $96,000 (F1)
- 2026-05-04: 310 sh @ $263.47 = $81,676 (F2)
- 2026-05-04: 242 sh @ $264.29 = $63,959 (F3)
- 2026-05-04: 222 sh @ $265.78 = $59,002 (F4)
- 2026-05-04: 23 sh @ $266.51 = $6,130 (F4)
- 2026-05-05: 202 sh @ $263.34 = $53,195 (F5)
- 2026-05-05: 317 sh @ $264.21 = $83,754 (F6)
- 2026-05-05: 300 sh @ $265.27 = $79,581 (F7)
- 2026-05-05: 344 sh @ $266.12 = $91,547 (F8)
This was a sale (S) — commonly a routine disposition rather than a bullish signal.
Key Details
- Dates: May 4–5, 2026. Filing date: May 6, 2026 (filed within standard reporting window).
- Total sold: 2,326 shares for approximately $614,844.
- Prices: reported as weighted averages per line; per-footnote price ranges span roughly $261.87 to $266.765 across the transactions (see F1–F8 for each line’s detailed range).
- Shares owned after the transactions: not provided in the excerpt of the filing.
- Notable footnotes: each sale line uses a weighted-average price and discloses the range of actual trade prices; the reporting person offers to provide the exact per-price breakdown on request. No 10b5‑1 plan, tax-withholding, or gift designation is stated in the provided excerpt.
Context
- Sales by company officers can be routine (diversification, tax planning, scheduled plans) and do not by themselves indicate company performance or insider sentiment. The filing contains no notes here saying these were part of a pre-arranged 10b5‑1 plan.
- Transaction code: S = Sale (disposition). For retail investors, purchases are generally more informative about insider conviction; this report documents a modest, timely open-market sale by the CEO.
Insider Transaction Report
Form 4
Santana Rafael
DirectorPresident and CEO
Transactions
- Sale
Common Stock - Direct
[F1]2026-05-04$262.30/sh−366$96,000→ 128,363 total - Sale
Common Stock - Direct
[F2]2026-05-04$263.47/sh−310$81,676→ 128,053 total - Sale
Common Stock - Direct
[F3]2026-05-04$264.29/sh−242$63,959→ 127,811 total - Sale
Common Stock - Direct
[F4]2026-05-04$265.78/sh−222$59,002→ 127,589 total - Sale
Common Stock - Direct
2026-05-04$266.51/sh−23$6,130→ 127,566 total - Sale
Common Stock - Direct
[F5]2026-05-05$263.34/sh−202$53,195→ 127,364 total - Sale
Common Stock - Direct
[F6]2026-05-05$264.21/sh−317$83,754→ 127,047 total - Sale
Common Stock - Direct
[F7]2026-05-05$265.27/sh−300$79,581→ 126,747 total - Sale
Common Stock - Direct
[F8]2026-05-05$266.12/sh−344$91,547→ 126,403 total
Footnotes (8)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $261.87 to $262.77 inclusive. The reporting person undertakes to provide Westinghouse Air Brake Technologies Corporation ("Wabtec"), any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $262.88 to $263.865 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $263.9 to $264.855 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $265.255 to $266.25 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $262.745 to $263.49 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (5) to this Form 4.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $263.75 to $264.72 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (6) to this Form 4.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $264.76 to $265.72 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (7) to this Form 4.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $265.785 to $266.765 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (8) to this Form 4.
Signature
David L. DeNinno, POA for Rafael Santana|2026-05-06