Form 4: WAB Executive Disposes Shares for Tax Obligations

Westinghouse Air Brake Technologies Corp. EVP & Chief Admin. Officer Nicole B. Theophilus disposed of 478 shares of common stock to cover tax obligations related to restricted share vesting.

Summary

• Nicole B. Theophilus, EVP & Chief Admin. Officer of Westinghouse Air Brake Technologies Corp. (WAB), reported a disposition of common stock.
• The transaction involved 478 shares of WAB common stock.
• The shares were disposed of on March 2, 2026, at a price of $263.015 per share.
• The disposition was made to discharge withholding tax obligations in connection with the vesting of restricted shares.
• Following this transaction, Nicole B. Theophilus beneficially owns 18,802 shares of WAB common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It reports a routine, non-discretionary transaction by an executive to satisfy tax obligations related to restricted stock vesting, which is a common occurrence and does not indicate a change in company fundamentals or executive sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that this type of transaction, where an executive disposes of shares to cover tax obligations upon the vesting of restricted stock, is a routine and non-discretionary event common across publicly traded companies. It is a standard component of executive compensation plans and does not typically reflect a change in management's view of the company's prospects.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax withholding purposes.
• No direct impact on employees, customers, suppliers, or creditors from this specific transaction.

Key Dates

Keywords

WAB, Westinghouse Air Brake Technologies, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Executive Compensation