Babcock Beverley A 4
Research Summary
AI-generated summary
WAB Director Beverley A. Babcock Receives 765-Share Award
What Happened
Beverley A. Babcock, a director of Westinghouse Air Brake Technologies Corp. (WAB), was granted 765 shares on May 13, 2026. The award was recorded at $0.00 per share (award acquisition); the filing notes a fair market value on the grant date of $268.035 per share, implying an aggregate grant value of about $205,047. This was an equity award (grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-13; Transaction type: Award/Grant (Code A); reported price: $0.00 per share.
- Fair Market Value (footnote F1): $268.035 per share; implied total value ≈ $205,047.
- Vesting (footnote F2): Shares vest on the first anniversary of the grant (likely 2027-05-13).
- Shares owned after transaction: Not specified in this Form 4.
- Filing: Form 4 filed 2026-05-15 (appears timely under Section 16 two-business-day rule).
Context
This grant appears to be part of director compensation and the shares are subject to vesting, so it is not an immediate open-market purchase (which some investors view as a stronger bullish signal). Unvested awards are common for executives and directors and generally reflect compensation rather than a direct trading view of the stock.