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

Lilian Leroux, EVP Chief Strategy Officer of Westinghouse Air Brake Technologies Corp, reports the disposition and acquisition of common stock and phantom stock on March 3, 2025.

Summary

• On March 3, 2025, Lilian Leroux, EVP Chief Strategy Officer of Westinghouse Air Brake Technologies Corp (WAB), reported transactions involving the company's common stock and phantom stock.
• Leroux disposed of 2,418 shares of common stock at a price of $183.87 per share, and acquired 2,418 shares at $0.
• Following these transactions, Leroux directly owns 21,255 shares of common stock.
• Additionally, Leroux disposed of phantom stock, including 840 shares linked to a vesting date of March 1, 2025, 833 shares linked to a vesting date of March 1, 2026, and 745 shares linked to a vesting date of March 1, 2027.
• The price of the derivative security was $183.87.
• After these transactions, Leroux owns 833 phantom stocks linked to a vesting date of March 1, 2026 and 1,490 phantom stocks linked to a vesting date of March 1, 2027.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment. It simply reflects the executive's trading activity.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies like Westinghouse Air Brake Technologies (WAB).
• Comparable companies such as General Electric (GE) and Siemens (SIEGY) also have executives who regularly report their stock transactions via SEC filings.
• The reporting requirements and formats are standardized across these companies, ensuring transparency and compliance with securities regulations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as they provide insight into executive sentiment and ownership.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates