SCHEDULE 13G: FMR LLC and Abigail P. Johnson Disclose 6.4% Stake in Westinghouse Air Brake Technologies Corporation

FMR LLC and its affiliates, along with Abigail P. Johnson, have disclosed a beneficial ownership of 6.4% of Westinghouse Air Brake Technologies Corporation's common stock as of December 31, 2024.

Summary

• FMR LLC and Abigail P. Johnson, through various entities, beneficially own an aggregate of 10,979,415.50 shares of WESTINGHOUSE AIR BRAKE TECH CORP common stock.
• This beneficial ownership represents 6.4% of the total outstanding common stock of WESTINGHOUSE AIR BRAKE TECH CORP.
• FMR LLC holds sole voting power over 9,808,055.78 shares and sole dispositive power over 10,979,415.50 shares.
• Abigail P. Johnson holds sole dispositive power over 10,979,415.50 shares, with no sole or shared voting power directly attributed.
• The beneficial ownership is primarily held through FMR LLC and its subsidiaries, including Fidelity Management & Research Company LLC, which beneficially owns 5% or greater of the outstanding shares.
• The Johnson family, including Abigail P. Johnson, are the predominant owners of FMR LLC's Series B voting common shares, representing 49% of the voting power, and may be deemed to form a controlling group with respect to FMR LLC.

Sentiment

Score: 5

Explanation: The document is a standard Schedule 13G filing, which is a factual disclosure of beneficial ownership and does not contain qualitative information about the issuer's performance or outlook, thus maintaining a neutral sentiment.

Positives

• The disclosure of a significant 6.4% stake by a major institutional investor like FMR LLC may signal strong institutional confidence in WESTINGHOUSE AIR BRAKE TECH CORP.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, potentially influencing investor sentiment and perception of institutional confidence in the company.

Key Dates

Keywords

Westinghouse Air Brake Technologies Corporation, Wabtec, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Ownership Disclosure