Form 4: Westinghouse Air Brake Technologies Corp: Director Albert J. Neupaver Reports Acquisition of Shares

Director Albert J. Neupaver reports the acquisition of 1,165 shares of Westinghouse Air Brake Technologies Corp (WAB) common stock on May 16, 2024.

Summary

• On May 16, 2024, Albert J. Neupaver, a director of Westinghouse Air Brake Technologies Corp (WAB), acquired 1,165 shares of common stock.
• The acquisition was direct and the price was $0, indicating it was likely a grant or award.
• Following the transaction, Neupaver directly owns 596,577 shares of WAB common stock.
• The shares vest on the first anniversary of the grant date.
• David L. DeNinno, acting as POA for Albert J. Neupaver, signed the report on May 20, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director. The acquisition itself can be seen as a slightly positive sign, but it's not a major event.

Positives

• A director increasing their holdings in the company can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company director.

Key Dates