Wabtec (WAB) CEO Rafael Santana Sells 2,183 Shares

What Happened Rafael Santana, President & CEO and director of Westinghouse Air Brake Technologies Corp (Wabtec, ticker WAB), sold a total of 2,183 shares in open‑market transactions on September 1–2, 2026, generating approximately $611,656 in proceeds. The sales occurred in eight lots with reported weighted‑average prices ranging roughly from $278.37 to $282.29 per share (see footnotes for per‑lot ranges).

Per‑lot reported activity:

• 2026-09-01: 194 shares @ $278.93 (disposed) — $54,113 (F1)
• 2026-09-01: 590 shares @ $279.87 — $165,124 (F2)
• 2026-09-01: 194 shares @ $280.86 — $54,487 (F3)
• 2026-09-01: 118 shares @ $281.74 — $33,246 (F4)
• 2026-09-02: 370 shares @ $279.21 — $103,306 (F5)
• 2026-09-02: 323 shares @ $280.21 — $90,509 (F6)
• 2026-09-02: 268 shares @ $281.10 — $75,335 (F7)
• 2026-09-02: 126 shares @ $282.03 — $35,536 (F8)

These were sales (transaction code S). Sales are often routine (liquidity, diversification, tax) and do not necessarily signal company outlook.

Key Details

• Transaction dates: Sept 1–2, 2026; Form 4 filed Sept 3, 2026 (timely, not marked late).
• Total shares sold: 2,183; total proceeds reported: ~$611,656.
• Per‑lot prices are weighted averages; footnotes F1–F8 provide the actual price ranges within each lot (each range spans under $1.00).
• Filing does not disclose a 10b5‑1 plan, exercise, award, or tax‑withholding as the reason for these sales.
• Shares owned after the transactions are not specified in the provided data.

Context

• This was a straightforward open‑market sale (S). For retail investors, purchases by insiders are often more informative as bullish signals; sales can be routine.
• The filing’s footnotes simply document that each reported price is a weighted average of multiple executions within a small price range — the filer offers to provide exact breakdowns on request.