Form 4: Westinghouse Air Brake Technologies Corp: Executive VP, General Counsel, and Secretary David L. DeNinno Reports Sale of Common Stock

David L. DeNinno, Executive VP, General Counsel, and Secretary of Westinghouse Air Brake Technologies Corp (WAB), reported selling 3,000 shares of common stock on May 2, 2025.

Summary

• On May 2, 2025, David L. DeNinno, the Executive VP, General Counsel, and Secretary of Westinghouse Air Brake Technologies Corp (WAB), sold 3,000 shares of common stock.
• The sale was executed at a weighted average price of $191.8215 per share.
• Following the transaction, DeNinno directly owns 63,450 shares of Wabtec common stock.
• The shares were sold in multiple transactions at prices ranging from $191.73 to $191.885.
• DeNinno has committed to providing full information regarding the number of shares sold at each separate price within that range upon request.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
• Similar filings are made by executives at companies like General Electric, Siemens, and Alstom, which are competitors of Westinghouse Air Brake Technologies Corp.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.

Key Dates

Keywords

Form 4, Westinghouse Air Brake Technologies Corp, WAB, David L. DeNinno, Stock Sale, Executive VP, General Counsel, Secretary, Common Stock, Insider Trading