Form 4: WAB Executive Sells Shares for Tax Obligations

Rogerio Mendonca, President of Equipment Group at WAB, disposed of shares to cover tax obligations related to restricted stock vesting.

Summary

• Rogerio Mendonca, President of the Equipment Group at Westinghouse Air Brake Technologies Corp (WAB), reported a transaction on March 2, 2026.
• The transaction involved the disposition of 1,125 shares of WAB common stock at a price of $263.015 per share.
• This disposition was made to discharge withholding tax obligations in connection with the vesting of restricted shares.
• Following this transaction, Mr. Mendonca beneficially owns 8,976 shares of WAB common stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) pre-planned contract, instruction, or written plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a routine, non-discretionary transaction for tax purposes related to equity compensation, not indicative of management's sentiment towards the company's future performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings from vesting equity awards, are common and generally do not reflect a change in management's outlook on the company's prospects. Such transactions are often pre-scheduled under Rule 10b5-1 plans to avoid accusations of trading on material non-public information.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in insider sentiment or company fundamentals.

Key Dates

Keywords

Westinghouse Air Brake Technologies Corp, WAB, Rogerio Mendonca, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock