Wabtec President & CEO Rafael Santana Sells 2,183 Shares via Rule 10b5-1 Plan
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
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Filing Summary
Insider Sale: Rafael Santana (President and CEO) • Company: Westinghouse Air Brake Technologies Corp ($WAB) • Shares Sold: 2,183 shares • Average Price: ~$280.19 (Range: $278.37 - $282.29) • Total Proceeds: $611,655.04 • Shares Remaining: 117,242 direct shares • Filing Date: 2026-09-03 • Note: Executed pursuant to a Rule 10b5-1 trading plan.
Comprehensive Analysis
Insider Transaction Overview
On September 1 and September 2, 2026, Rafael Santana, President and Chief Executive Officer and Director of Westinghouse Air Brake Technologies Corp (WAB), sold an aggregate of 2,183 shares of Wabtec common stock across multiple tranches for total gross proceeds of approximately $611,655.
Transaction Summary
- Insider: Rafael Santana (President & CEO, Director)
- Security: Common Stock
- Transaction Dates: September 1, 2026 – September 2, 2026
- Filing Date: September 3, 2026
- Shares Disposed: 2,183
- Weighted Average Execution Price: ~$280.19 per share (individual weighted averages ranged from $278.93 to $282.03)
- Total Transaction Value: $611,655.04
- Post-Transaction Direct Ownership: 117,242 shares
Key Takeaways
- Rule 10b5-1 Plan Execution: The filing indicates the transaction was conducted under an affirmative Rule 10b5-1 trading arrangement, meaning the sales were pre-scheduled and automated.
- Holding Impact: The sale represents less than 2% of Mr. Santana's direct holdings, leaving him with a substantial direct stake of 117,242 shares.
- Significance: Classified as Low significance due to the modest size relative to overall holdings and execution under an automated 10b5-1 plan.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
