Form 4: WAB Executive's Routine Tax Withholding
Insider Transaction Report
Westinghouse Air Brake Technologies Corp. executive John A. Mastalerz Jr. reported a routine disposition of 321 common shares for tax withholding purposes.
Summary
- John A. Mastalerz Jr., SVP Fin, Corp Controller, CAO of Westinghouse Air Brake Technologies Corp. (WAB), reported a transaction on March 2, 2026.
- The transaction involved the disposition of 321 shares of common stock.
- These shares were withheld by the company to cover tax obligations related to the vesting of restricted shares.
- The shares were disposed of at a price of $263.015 per share.
- Following this transaction, Mastalerz Jr. directly beneficially owns 7,074 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation rather than a strategic move or performance indicator.
Positives
- The transaction indicates the vesting of restricted shares, which is a positive event for the executive, reflecting compensation earned.
Negatives
- No direct negatives related to company performance or outlook are indicated by this routine tax withholding.
Risks
- No specific risks are mentioned in this Form 4 filing.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that routine insider transactions, such as tax-related dispositions upon share vesting, are common across all industries and typically do not reflect specific industry trends or competitive dynamics.
Comparison to Industry Standards
- No specific comparisons to industry standards, comparable companies, projects, or results are provided in this Form 4 filing, as it details a routine insider transaction.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- No legal or regulatory matters are mentioned in this Form 4 filing.
Related Party Transactions
- No related party dealings beyond the executive's compensation-related share vesting are disclosed.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, small-scale transaction for tax purposes.
- Employees: No direct impact on general employees.
- Management: The transaction reflects a standard compensation event for the reporting executive.
Next Steps
- No specific future actions, events, or milestones are mentioned in this Form 4 filing.
Key Dates
| Date | Description |
|---|---|
| 03/02/2026 | Date of transaction for the disposition of common stock. |
| 03/04/2026 | Date the statement of changes in beneficial ownership was signed. |
Keywords
Westinghouse Air Brake Technologies, WAB, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Shares, John A. Mastalerz Jr.
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