Form 4: Wabtec CEO Rafael Santana Sells Shares in Multiple Transactions
SEC Form 4
Rafael Santana, President and CEO of Westinghouse Air Brake Technologies Corp (Wabtec), sold shares of common stock in a series of transactions on May 13 and 14, 2025.
Summary
- Rafael Santana, the President and CEO of Westinghouse Air Brake Technologies Corp (Wabtec), reported the sale of company stock.
- On May 13, 2025, Santana sold 138 shares at a weighted average price of $203.223, 685 shares at $204.1836, and 63 shares at $204.6811.
- On May 14, 2025, Santana sold 740 shares at a weighted average price of $203.3073 and 146 shares at $203.8082.
- Following these transactions, Santana directly owns 143,844 shares of Wabtec common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales. The sentiment is neither positive nor negative as it's a common practice for executives.
Industry Context
This filing is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Rafael Santana sold 138 shares at a weighted average price of $203.223, 685 shares at $204.1836, and 63 shares at $204.6811. |
| 05/14/2025 | Rafael Santana sold 740 shares at a weighted average price of $203.3073 and 146 shares at $203.8082. |
| 05/15/2025 | Date of David L. DeNinno's signature as POA for Rafael Santana on the Form 4. |
Keywords
Wabtec, Rafael Santana, stock sale, Form 4, insider trading, Westinghouse Air Brake Technologies Corp, CEO
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