Form 4: Westinghouse Air Brake Technologies Corp: Director Albert J. Neupaver Reports Stock Transactions
SEC Form 4 Filing
Director Albert J. Neupaver reports exercising stock options and selling shares of Westinghouse Air Brake Technologies Corp (WAB) on April 30, 2024.
Summary
- On April 30, 2024, Albert J. Neupaver, a director of Westinghouse Air Brake Technologies Corp (WAB), executed transactions involving the company's stock.
- Neupaver exercised non-qualified stock options to acquire 13,000 shares at $87.03 and 16,100 shares at $61.33.
- Simultaneously, Neupaver sold 29,100 shares at a weighted average price of $161.6308, with individual prices ranging from $161.59 to $161.87.
- Following these transactions, Neupaver directly owns 595,412 shares of WAB common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing reporting insider transactions. The transactions themselves don't necessarily indicate a positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for signals about management's view of the company's prospects, but individual transactions can be driven by a variety of personal financial considerations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2019 | Date Non Qualified Stock Option exercisable for 13,000 shares. |
| 03/01/2020 | Date Non Qualified Stock Option exercisable for 16,100 shares. |
| 02/10/2025 | Expiration date for Non Qualified Stock Option for 13,000 shares. |
| 02/09/2026 | Expiration date for Non Qualified Stock Option for 16,100 shares. |
| 04/30/2024 | Date of stock option exercise and stock sale. |
| 05/02/2024 | Date of Form 4 filing. |
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