Form 4: Westinghouse Air Brake Technologies Corp Executive Sells Shares
SEC Form 4 Filing
Gregory Sbrocco, EVP Operations at Westinghouse Air Brake Technologies Corp, sold 1,646 shares of common stock on May 10, 2024, at a price of $167.3 per share.
Summary
- On May 10, 2024, Gregory Sbrocco, the EVP Operations of Westinghouse Air Brake Technologies Corp (WAB), sold 1,646 shares of the company's common stock.
- The sale was executed at a price of $167.3 per share.
- Following the transaction, Sbrocco directly owns 16,666 shares of WAB common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports a stock sale by an executive.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. However, without additional context, it's difficult to determine the specific reasons behind the sale.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of stock sale transaction |
| 05/13/2024 | Date of signature on the Form 4 filing |
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