Form 4: Westinghouse Air Brake Technologies Corp: Executive Vice President & CFO, John Olin, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John Olin, Executive Vice President & CFO of Westinghouse Air Brake Technologies Corp, reports a transaction involving common stock to cover withholding tax obligations.
Summary
- On March 3, 2025, John Olin, the Executive Vice President & CFO of Westinghouse Air Brake Technologies Corp (WAB), reported a transaction.
- The transaction involved the disposal of 4,254 shares of common stock at a price of $183.87 per share.
- This disposal was to cover withholding tax obligations related to the vesting of restricted shares.
- Following the transaction, Olin directly owns 49,499 shares of WAB common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to an executive's stock transactions for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a strategic shift or major event for Westinghouse Air Brake Technologies Corp within the broader industrial sector.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Disposal of common stock to cover withholding tax obligations. |
| 03/05/2025 | Date of signature by David L. DeNinno, POA for John Olin. |
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