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

David L. DeNinno, Executive VP, General Counsel, and Secretary of Westinghouse Air Brake Technologies Corp, sold 3,016 shares of common stock at an average price of $161.4754 on April 25, 2024.

Summary

• On April 25, 2024, David L. DeNinno, an Executive VP, General Counsel, and Secretary at Westinghouse Air Brake Technologies Corp (WAB), sold 3,016 shares of the company's common stock.
• The shares were sold at a weighted average price of $161.4754.
• The sale was executed directly by the reporting person.
• Following the transaction, DeNinno directly owns 65,352 shares of Westinghouse Air Brake Technologies Corp.
• The reporting person has undertaken to provide full information regarding the number of shares sold at each separate price within the range of $161.46 to $161.53 upon request.

Sentiment

Score: 5

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

Industry Context

This is a routine disclosure of an insider transaction. Such filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates