Form 4: Westinghouse Air Brake Technologies Corp: Executive Gina Trombley Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Gina Trombley, SVP at Westinghouse Air Brake Technologies Corp, reports disposing of 711 shares to cover withholding tax obligations.
Summary
- On March 1, 2024, Gina Trombley, SVP of Sales & Marketing & CCO at Westinghouse Air Brake Technologies Corp (WAB), disposed of 711 shares of common stock to cover withholding tax obligations.
- The shares were disposed of at a price of $141.6175 per share.
- Following the transaction, Trombley directly owns 8,259 shares of WAB common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock disposal transaction |
| 03/05/2024 | Date of Form 4 filing |
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