Form 4: Westinghouse Air Brake Technologies Corp: Executive John A. Mastalerz Jr. Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John A. Mastalerz Jr., SVP Fin, Corp Controller, CAO of Westinghouse Air Brake Technologies Corp, reports a transaction involving common stock on March 3, 2025, to cover withholding tax obligations.
Summary
- On March 3, 2025, John A. Mastalerz Jr., SVP Fin, Corp Controller, CAO of Westinghouse Air Brake Technologies Corp [WAB], reported a transaction.
- The transaction involved the disposal of 306 shares of common stock at a price of $183.87.
- This disposal was to cover withholding tax obligations related to the vesting of restricted shares.
- Following the transaction, Mastalerz directly owns 7,384 shares of Westinghouse Air Brake Technologies Corp.
- The transaction was filed as a Form 4, indicating changes in beneficial ownership.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock 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 filing indicates a standard transaction related to tax obligations on vested shares, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of the stock transaction (disposal of shares). |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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