Form 4: Westinghouse Air Brake Technologies Corp: Executive VP David L. DeNinno Reports Stock Transactions

Executive VP, General Counsel, and Secretary of Westinghouse Air Brake Technologies Corp, David L. DeNinno, reports the acquisition and disposal of company stock on October 30, 2024.

Summary

• On October 30, 2024, David L. DeNinno, Executive VP, General Counsel, and Secretary of Westinghouse Air Brake Technologies Corp (WAB), reported transactions involving the company's common stock.
• DeNinno acquired 875 shares of common stock through the exercise of non-qualified stock options at a price of $87.03 per share.
• Simultaneously, DeNinno disposed of 875 shares of common stock at a price of $188.704 per share.
• Following these transactions, DeNinno directly owns 55,352 shares of Westinghouse Air Brake Technologies Corp.
• The transactions were reported on Form 4, filed with the Securities and Exchange Commission (SEC).

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often scrutinized by investors for insights into management's perspective on the company's performance and future prospects. Form 4 filings are a standard part of regulatory compliance.

Stakeholder Impact

• The reported transactions may be of interest to shareholders as they provide insight into the actions of company leadership.

Key Dates