4/A: Westinghouse Air Brake Technologies Corp Executive Lilian Leroux Reports Stock Transactions

Lilian Leroux, EVP and Chief Strategy Officer of Westinghouse Air Brake Technologies Corp, filed an amendment to a previous Form 4, detailing transactions involving common stock and phantom stock.

Summary

• Lilian Leroux, an executive at Westinghouse Air Brake Technologies Corp (WAB), filed an amended Form 4 with the SEC.
• The report details transactions involving the company's common stock and phantom stock.
• On March 1, 2024, Leroux disposed of 2,803 shares of common stock at a price of $141.6175 per share.
• Also on March 1, 2024, Leroux acquired 2,803 shares of common stock at $0.
• Following these transactions, Leroux directly owns 14,303 shares of common stock.
• The report also details the vesting and transactions of phantom stock, which are economically equivalent to shares of WAB common stock.
• The phantom stock vests in installments beginning on March 1st of 2022, 2023 and 2024.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are closely monitored by investors to gauge executive sentiment and potential future performance.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the executive's holdings and trading activity.

Key Dates