Form 4: Westinghouse Air Brake Technologies Corp: Officer Jain Nalin Reports Stock Transactions
SEC Form 4 Filing
Nalin Jain, President of Digital Electronics at Westinghouse Air Brake Technologies Corp, reports acquisition and disposal of common stock on February 13, 2025.
Summary
- On February 13, 2025, Nalin Jain, President of Digital Electronics at Westinghouse Air Brake Technologies Corp (WAB), reported transactions involving the company's common stock.
- Jain acquired 6,536 shares of common stock at a price of $194.1062 per share.
- Concurrently, Jain disposed of 2,873 shares of common stock at the same price to satisfy tax obligations.
- Following these transactions, Jain directly owns 17,179 shares of Westinghouse Air Brake Technologies Corp.
- The transactions were reported on Form 4, filed with the SEC on February 18, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions by an officer.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of stock acquisition and disposal. |
| 02/18/2025 | Date of Form 4 filing. |
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