Form 4: Westinghouse Air Brake Technologies Corp: Executive Michael Fetsko Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Michael Fetsko, Pres., Freight Components Grp. of Westinghouse Air Brake Technologies Corp, reports disposing of 661 shares to cover withholding tax obligations.
Summary
- On March 1, 2024, Michael Fetsko, Pres., Freight Components Grp. of Westinghouse Air Brake Technologies Corp, disposed of 661 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, Fetsko directly owns 37,647 shares of Westinghouse Air Brake Technologies Corp.
- The transaction was reported on March 5, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
Form 4 filings are standard practice and provide transparency into insider transactions, allowing investors to track the actions of company executives and potentially gauge their sentiment regarding the company's prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Michael Fetsko disposed of shares. |
| 03/05/2024 | Date of report: Form 4 filing date. |
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