Form 4: Westinghouse Air Brake Technologies Corp: Executive Gebhardt Sells Shares to Cover Tax Obligations

Eric Gebhardt, Chief Technology Officer of Westinghouse Air Brake Technologies Corp, sold 1,399 shares of common stock on March 3, 2025, to cover withholding tax obligations related to the vesting of restricted shares.

Summary

• On March 3, 2025, Eric Gebhardt, the Chief Technology Officer of Westinghouse Air Brake Technologies Corp (WAB), disposed of 1,399 shares of common stock.
• The transaction was executed to cover withholding tax obligations associated with the vesting of restricted shares.
• The shares were sold at a price of $183.87 per share.
• Following the transaction, Gebhardt directly owns 21,260 shares of Westinghouse Air Brake Technologies Corp.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This sale appears to be related to tax obligations, which is a common reason for such transactions.

Stakeholder Impact

• The sale of shares by an insider could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates