Insider trade

CEO sold ~$205K of WAB shares in the open market

Traded Oct 15, 2025 · Filed Oct 16, 2025

WabtecWAB

~$205K
Reported value · 1,039 sh @ $196.9581: 132K
Holds after · shares reported: +46.0%
stock since the trade · S&P 500 +14.9%, $197.13 → $287.84 on Oct 1

Why it stands out

The boss of Wabtec sold $205K of Wabtec shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Oct 15, 2025
Reporting period: Not applicable
Filed with the SEC: Oct 16, 2025

CEO$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$204,639

Shares × reported transaction price

Timing vs results

83 days after results of Jul 24, 2025, 7 days before results of Oct 22, 2025

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $197.13 on Oct 15, 2025, 23% above its 52-week low and 8% below its high, after a 3% rise over the previous 30 trading days

52-week range $160.22 (Apr 8, 2025) to $214.38 (Jul 23, 2025), 68% of the way up, from 250 adjusted closes. 30 trading days earlier: $191.25 on Sep 3, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+1.8%	+1.9%	-0.1%
30 days	+2.8%	+0.2%	+2.6%
90 days	+17.7%	+4.2%	+13.5%
180 days	+32.6%	+5.3%	+27.2%

Past results only. Not a forecast.

Source receipt

Record ID: 0001628280-25-045166
Filed / recorded: Oct 16, 2025, 5:32 PM UTC
Added to OQRO: Oct 2, 2026, 12:29 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
Issuer CIK: 943452
Ticker: WAB
Reporting person: Rafael Santana
Relationship: Director, Officer
Officer title: President and CEO
Security: Common Stock - Direct
Table: Non-derivative (Table I)
Transaction date: Oct 15, 2025
Transaction code: S
Shares / units: 1,039
Price per share: $196.9581
Acquired / disposed: Disposed (D)
Shares owned after: 131,974
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within $1.00 ranging from $196.275 to $197.27 inclusive. The reporting person undertakes to provide Wabtec, any security holder of Wabtec, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (7) to this Form 4.