Santana Rafael 4
4 · WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Wabtec (WAB) CEO Rafael Santana Sells 2,326 Shares
What Happened Rafael Santana, President & CEO (and Director) of Westinghouse Air Brake Technologies Corp. (WAB), reported open-market sales totaling 2,326 shares on June 5 and June 8, 2026 for aggregate proceeds of approximately $607,921.
- June 5, 2026 — four sales totaling 1,163 shares: 546 @ $260.83 ($142,414); 378 @ $261.85 ($98,979); 160 @ $262.99 ($42,078); 79 @ $263.72 ($20,834). Total for 6/5: $304,305.
- June 8, 2026 — five sales totaling 1,163 shares: 400 @ $259.66 ($103,864); 299 @ $260.80 ($77,978); 193 @ $261.81 ($50,529); 251 @ $262.83 ($65,970); 20 @ $263.76 ($5,275). Total for 6/8: $303,616.
All transactions are coded "S" (sale).
These are outright sales (not purchases or option exercises). Sales are commonly routine (e.g., diversification, liquidity, tax obligations) but do not, by themselves, indicate the insider’s view of the company.
Key Details
- Transaction dates: June 5, 2026 and June 8, 2026. Per-share reported prices shown above (each is a weighted average for multiple executions).
- Aggregate shares sold: 2,326; aggregate proceeds: ≈ $607,921.
- Shares owned after transaction: Not specified in the supplied filing information.
- Footnotes: Each reported price is a weighted-average for multiple trades; the filing includes footnotes (F1–F9) giving the per-trade price ranges (each within ~$1.00). The reporting person offers to provide a breakdown of the exact number of shares sold at each separate price upon request.
- Timing/filing: Form 4 was filed on June 9, 2026 reporting the June 5 and June 8 sales; the filing date is indicated on the report and appears consistent with routine Form 4 timing.
- Transaction code: S = Sale. No 10b5‑1 plan, tax-withholding, or option-exercise language was noted in the provided details.
Context
- For retail investors: insider purchases are often viewed as a stronger bullish signal than routine sales; sales can reflect personal liquidity needs or pre-set plans.
- Multiple small blocks and weighted-average reporting indicate the shares were executed across several trades/prices rather than a single block trade.
- If you need exact per-trade price breakdowns or the insider’s post-transaction holdings, those can be requested from the company/SEC as noted in the filing footnotes.
Insider Transaction Report
Form 4
Santana Rafael
DirectorPresident and CEO
Transactions
- Sale
Common Stock - Direct
[F1]2026-06-05$260.83/sh−546$142,414→ 125,857 total - Sale
Common Stock - Direct
[F2]2026-06-05$261.85/sh−378$98,979→ 125,479 total - Sale
Common Stock - Direct
[F3]2026-06-05$262.99/sh−160$42,078→ 125,319 total - Sale
Common Stock - Direct
[F4]2026-06-05$263.72/sh−79$20,834→ 125,240 total - Sale
Common Stock - Direct
[F5]2026-06-08$259.66/sh−400$103,864→ 124,840 total - Sale
Common Stock - Direct
[F6]2026-06-08$260.80/sh−299$77,978→ 124,541 total - Sale
Common Stock - Direct
[F7]2026-06-08$261.81/sh−193$50,529→ 124,348 total - Sale
Common Stock - Direct
[F8]2026-06-08$262.83/sh−251$65,970→ 124,097 total - Sale
Common Stock - Direct
[F9]2026-06-08$263.76/sh−20$5,275→ 124,077 total
Footnotes (9)
- [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 $260.43 to $261.42 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 $261.45 to $262.45 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 $262.535 to $263.53 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 $263.545 to $263.925 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 $259.32 to $260.315 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 $260.34 to $261.315 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 $261.385 to $262.355 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 $262.425 to $263.275 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.
- [F9]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 $263.745 to $263.79 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 (9) to this Form 4.
Signature
David L. DeNinno, POA for Rafael Santana|2026-06-09