Form 4: Westinghouse Air Brake Technologies Corp: Executive Vice President & CFO John Olin Reports Stock Transaction
SEC Form 4 Filing
John Olin, Executive Vice President & CFO of Westinghouse Air Brake Technologies Corp, reports the disposal of 2,843 shares to cover tax obligations.
Summary
- On March 1, 2024, John Olin, the Executive Vice President & CFO of Westinghouse Air Brake Technologies Corp (WAB), disposed of 2,843 shares of common stock.
- The transaction was executed to cover withholding tax obligations related to the vesting of restricted shares.
- The shares were sold at a price of $141.6175 per share.
- Following the transaction, Olin directly owns 36,171 shares of WAB common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, with no indication of a change in the executive's outlook on the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction: disposal of 2,843 shares. |
| 03/05/2024 | Date of signature on the report. |
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