Form 4: Westinghouse Air Brake Technologies Corp Executive VP Sells 10,000 Shares

David L. DeNinno, Executive VP, General Counsel, and Secretary of Westinghouse Air Brake Technologies Corp, sold 10,000 shares of common stock at an average price of $188.5991 on October 24, 2024.

Summary

• On October 24, 2024, David L. DeNinno, Executive VP, General Counsel, and Secretary of Westinghouse Air Brake Technologies Corp (WAB), sold 10,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $188.5991 per share.
• The total number of shares beneficially owned by DeNinno following the transaction is 55,352.
• The shares were sold in multiple transactions with prices ranging from $188.50 to $188.905.
• This transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating an insider stock sale. The sentiment is neutral as it simply reports a transaction without expressing any opinion on the company's performance or future prospects.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It is important to consider the context of the sale, such as the executive's overall holdings and any stated reasons for the transaction.

Stakeholder Impact

• The sale of shares by a company executive may cause some investors to re-evaluate their positions in the company.

Key Dates