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 3,000 shares of common stock at an average price of $201.0459 on May 22, 2025.

Summary

• On May 22, 2025, David L. DeNinno, an Executive VP, General Counsel, and Secretary at Westinghouse Air Brake Technologies Corp (WAB), sold 3,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $201.0459 per share.
• The prices for individual transactions ranged from $200.85 to $201.13.
• Following the transaction, DeNinno directly owns 60,450 shares of Westinghouse Air Brake Technologies Corp.
• The sale was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management. The impact on the stock price is usually minimal unless the sale is unusually large or part of a pattern.

Stakeholder Impact

• The sale of shares by an executive could have a minor psychological impact on shareholders, but the effect is likely to be minimal given the size of the transaction.

Key Dates

Keywords

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