Form 4: Westinghouse Air Brake Technologies Corp: Officer Mendonca Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Rogerio Mendonca, President of the Equipment Group at Westinghouse Air Brake Technologies Corp (WAB), reported the disposal of 1,100 shares of common stock to cover withholding tax obligations.
Summary
- On March 3, 2025, Rogerio Mendonca, President of the Equipment Group at Westinghouse Air Brake Technologies Corp (WAB), disposed of 1,100 shares of common stock.
- The transaction was executed 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, Mendonca directly owns 13,027 shares of WAB common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and regulated to ensure transparency in the market. It doesn't necessarily indicate a change in the company's prospects but provides information about the actions of its executives.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of stock disposal transaction |
| 03/05/2025 | Date of signature on the report |
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