Form 4: Westinghouse Air Brake Technologies Corp (WAB) Director Albert J. Neupaver Reports Stock Transactions
SEC Form 4
Director Albert J. Neupaver reports multiple transactions involving Westinghouse Air Brake Technologies Corp (WAB) stock, including option exercises and sales, on October 30, 2024.
Summary
- On October 30, 2024, Albert J. Neupaver, a director of Westinghouse Air Brake Technologies Corp (WAB), reported transactions involving the company's stock.
- Neupaver exercised non-qualified stock options to acquire a total of 53,592 shares of common stock at prices ranging from $70.635 to $94.87.
- Simultaneously, Neupaver sold 35,722 shares of common stock at a weighted average price of $188.617 and $189.26.
- Following these transactions, Neupaver directly owns 614,447 shares of WAB common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports transactions. There's no inherent positive or negative implication.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These transactions can be influenced by various factors, including personal financial planning and company performance.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
- The impact is likely minimal given the relatively small volume of shares traded compared to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 07/01/2020 | Date Non Qualified Stock Option was exercisable |
| 03/01/2021 | Date Non Qualified Stock Option was exercisable |
| 03/01/2022 | Date Non Qualified Stock Option was exercisable |
| 03/01/2023 | Date Non Qualified Stock Option was exercisable |
| 02/07/2027 | Expiration date of Non Qualified Stock Option |
| 05/18/2028 | Expiration date of Non Qualified Stock Option |
| 03/06/2029 | Expiration date of Non Qualified Stock Option |
| 02/07/2030 | Expiration date of Non Qualified Stock Option |
| 10/30/2024 | Date of stock option exercise and stock sale transactions |
| 11/01/2024 | Date of Form 4 filing |
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