Form 4: Wabtec Executive Rogerio Mendonca Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Rogerio Mendonca, President of the Equipment Group at Westinghouse Air Brake Technologies Corp (Wabtec), reported acquiring and disposing of common stock on March 6, 2024.
Summary
- On March 6, 2024, Rogerio Mendonca, President of the Equipment Group at Wabtec, acquired 2,709 shares of common stock.
- These shares were acquired at a price of $0.
- On the same day, Mendonca disposed of 14,464 shares of common stock.
- Following these transactions, the amount of securities beneficially owned was not specified.
- The 30-day average closing price of Wabtec stock as of March 6, 2024, was $135.7189 per share, which was used to calculate the number of shares involved in the reported grant.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The filing provides transparency to Wabtec shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: Acquisition and disposal of Wabtec common stock. |
| 03/08/2024 | Date of signature by David L. DeNinno, POA for Rogerio Mendonca. |
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