Perez Juan R. 4

What Happened
Juan R. Perez, a director of Westinghouse Air Brake Technologies Corp. (WAB), was granted 765 shares on May 13, 2026. The shares were issued at $0.00 (transaction code A — award/grant). The filing cites a fair market value of $268.035 per share on the grant date, giving the award a total FMV of about $205,047. This was a stock award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: May 13, 2026; Filing date: May 15, 2026 (Form 4 filed timely).
• Grant: 765 shares acquired at $0.00; FMV per footnote: $268.035/share; total FMV ≈ $205,047.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — FMV $268.035 on May 13, 2026; F2 — shares vest on the first anniversary of the grant date.
• Transaction code: A = Award/Grant (typical director compensation).

Context
This award appears to be a director compensation grant that vests one year after the grant date. Such awards are routine compensation and do not represent an open-market buy or sell; they shouldn’t be interpreted the same way as an insider purchase when assessing insider conviction.