Form 4: Westinghouse Air Brake Technologies Corp: Director Brian Hehir Reports Stock Transactions

Director Brian Hehir reports acquisition and disposal of Westinghouse Air Brake Technologies Corp (WAB) stock, including shares acquired directly and held indirectly through a foundation.

Summary

• On May 16, 2024, Brian Hehir, a director of Westinghouse Air Brake Technologies Corp (WAB), reported transactions involving the company's stock.
• Hehir acquired 1,165 shares of common stock directly at a price of $0, with the fair market value on that date being $167.48 per share.
• He also disposed of 24,229.54 shares of common stock.
• Following these transactions, Hehir directly owns 24,229.54 shares.
• Additionally, Hehir indirectly owns 4,200 shares through the Brian P. Hehir and Janet S. Hehir Foundation.
• The acquired shares vest on the first anniversary of the grant date.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company directors.

Stakeholder Impact

• The stock transactions by a director may be of interest to shareholders as it provides insight into the director's view of the company's value.

Key Dates