Form 4: Westinghouse Air Brake Technologies Corp Director Sells Shares

Brian Hehir, a director at Westinghouse Air Brake Technologies Corp, sold 1,000 shares of common stock at a price of $161.615 on July 31, 2024.

Summary

• On July 31, 2024, Brian Hehir, a director of Westinghouse Air Brake Technologies Corp (WAB), sold 1,000 shares of the company's common stock.
• The sale price was $161.615 per share.
• Following the transaction, Mr. Hehir directly owns 23,229.54 shares of WAB common stock.
• Mr. Hehir also indirectly owns 4,200 shares of common stock through the Brian P. Hehir and Janet S. Hehir Foundation.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company directors and officers, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although the impact is likely minimal given the relatively small number of shares sold.

Key Dates