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WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP·4

May 6, 11:37 AM ET

Santana Rafael 4

Research Summary

AI-generated summary

Updated

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.