Form 4: Wabtec Executive Eric Gebhardt Sells 7,422 Shares of Common Stock

Eric Gebhardt, Chief Technology Officer of Westinghouse Air Brake Technologies Corp (Wabtec), sold 7,422 shares of common stock at an average price of $156.316 on August 14, 2024.

Summary

• On August 14, 2024, Eric Gebhardt, the Chief Technology Officer of Westinghouse Air Brake Technologies Corp (Wabtec), sold 7,422 shares of the company's common stock.
• The sale was executed at a weighted average price of $156.316 per share.
• The prices for individual transactions ranged from $156.00 to $156.65.
• Following the transaction, Gebhardt directly owns 22,411 shares of Wabtec common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company executive. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

• Shareholders may react to the insider sale, potentially impacting the stock price.

Key Dates