Form 4: Westinghouse Air Brake Technologies Executive Acquires Over 2,000 Shares

Nicole B. Theophilus, EVP & Chief Administrative Officer of Westinghouse Air Brake Technologies Corp, acquired 2,192 shares of common stock on July 1, 2025, increasing her beneficial ownership to 19,280 shares.

Summary

• Nicole B. Theophilus, the Executive Vice President and Chief Administrative Officer of Westinghouse Air Brake Technologies Corp (WAB), acquired 2,192 shares of common stock.
• The transaction occurred on July 1, 2025, and was an acquisition (A) of securities.
• The shares were acquired at a price of $0, indicating a grant, with a fair market value of $209.5225 per share on the transaction date.
• These newly acquired shares are subject to a vesting schedule, specifically vesting on the second anniversary of the grant date.
• Following this transaction, Nicole B. Theophilus beneficially owns a total of 19,280 shares of Westinghouse Air Brake Technologies Corp common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a key executive is generally viewed positively as it indicates confidence in the company's future prospects and aligns management's interests with shareholders.

Positives

• Executive Nicole B. Theophilus increased her direct beneficial ownership in Westinghouse Air Brake Technologies Corp by acquiring 2,192 shares, demonstrating confidence in the company's future.
• The acquisition, likely a grant as part of compensation, aligns the executive's long-term financial interests with those of the shareholders, fostering a shared incentive for company performance.

Future Outlook

The acquired shares are subject to a vesting period of two years from the grant date, indicating a future commitment from the executive to the company's performance and long-term value creation.

Industry Context

This filing is a standard disclosure of an insider stock transaction, common across all industries, reflecting executive compensation and ownership changes rather than broader industry trends.

Related Party Transactions

• The acquisition of shares by an executive (Nicole B. Theophilus) from the company (Westinghouse Air Brake Technologies Corp) is a related party transaction, typical for executive compensation and ownership.

Stakeholder Impact

• Shareholders: The acquisition of shares by a key executive aligns management's financial interests with those of the shareholders, potentially fostering long-term value creation and demonstrating insider confidence.

Next Steps

• The 2,192 shares acquired on July 1, 2025, are expected to vest on the second anniversary of the grant date, around July 1, 2027.

Key Dates

Keywords

WAB, Westinghouse Air Brake Technologies, Form 4, insider transaction, stock acquisition, executive compensation, Nicole Theophilus, beneficial ownership