Form 4: Westinghouse Air Brake Technologies Corp: Officer Kyra Yates Reports Stock Disposal for Tax Obligations

Kyra Yates, VP Investor Relations at Westinghouse Air Brake Technologies Corp, reports disposing of 198 shares of common stock to cover withholding tax obligations.

Summary

• On March 3, 2025, Kyra Yates, VP Investor Relations at Westinghouse Air Brake Technologies Corp (WAB), disposed of 198 shares of common stock.
• The transaction was to cover withholding tax obligations related to the vesting of restricted shares.
• The shares were disposed of at a price of $183.87 per share.
• Following the transaction, Kyra Yates directly owns 4,022 shares of Westinghouse Air Brake Technologies Corp.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transaction is a routine disposal of shares to cover tax obligations, which is a common practice and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's stock and future prospects. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook.

Key Dates