Form 4: Westinghouse Air Brake Technologies Corp: Executive Vice President & CFO John Olin Reports Transaction

John Olin, Executive Vice President & CFO of Westinghouse Air Brake Technologies Corp, reports acquisition and disposal of common stock on February 13, 2025.

Summary

• On February 13, 2025, John Olin, the Executive Vice President & CFO of Westinghouse Air Brake Technologies Corp (WAB), reported a transaction involving the company's common stock.
• Olin acquired 23,766 shares of common stock at a price of $194.1062 per share.
• Simultaneously, Olin disposed of 10,834 shares of common stock at the same price of $194.1062 per share to satisfy tax obligations.
• Following these transactions, Olin directly owns 53,753 shares of Westinghouse Air Brake Technologies Corp.
• The transactions were reported on February 18, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It allows investors to monitor the actions of key executives and their confidence in the company's prospects.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It can influence investor sentiment and potentially impact the stock price.

Key Dates