Form 4: Westinghouse Air Brake Technologies Corp: Executive VP David L. DeNinno Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive VP, General Counsel, and Secretary of Westinghouse Air Brake Technologies Corp, David L. DeNinno, reports acquisition and disposal of common stock on February 13, 2025.
Summary
- On February 13, 2025, David L. DeNinno, Executive VP, General Counsel, and Secretary of Westinghouse Air Brake Technologies Corp (WAB), reported changes in beneficial ownership of the company's common stock.
- DeNinno acquired 14,853 shares of common stock at a price of $194.1062 per share.
- He also disposed of 6,485 shares to satisfy tax obligations at the same price of $194.1062 per share.
- Following these transactions, DeNinno directly owns 63,720 shares of Westinghouse Air Brake Technologies Corp.
- The transactions were reported on February 18, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents standard transactions related to executive compensation and tax obligations.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on investor confidence.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely to be negligible.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of stock acquisition and disposal. |
| 02/18/2025 | Date of Form 4 filing. |
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