Insider trade

CEO sold ~$202K of WAB shares in the open market

Traded Nov 4, 2025 · Filed Nov 5, 2025

WabtecWAB

~$202K
Reported value · 991 sh @ $204.2893: 128K
Holds after · shares reported: +40.8%
stock since the trade · S&P 500 +13.1%, $204.46 → $287.84 on Oct 1

Why it stands out

The boss of Wabtec sold $202K 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: Nov 4, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 5, 2025

CEO$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$202,451

Shares × reported transaction price

Timing vs results

13 days after results of Oct 22, 2025, 99 days before results of Feb 11, 2026

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 $204.46 on Nov 4, 2025, within 5% of its 52-week high, after a 5% rise over the previous 30 trading days

52-week range $160.22 (Apr 8, 2025) to $214.38 (Jul 23, 2025), 82% of the way up, from 250 adjusted closes. 30 trading days earlier: $194.51 on Sep 23, 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	+0.3%	+0.3%	-0.0%
30 days	+4.1%	+2.0%	+2.1%
90 days	+18.2%	+2.4%	+15.8%
180 days	+29.3%	+8.0%	+21.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001628280-25-049331
Filed / recorded: Nov 5, 2025, 9:19 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: Nov 4, 2025
Transaction code: S
Shares / units: 991
Price per share: $204.2893
Acquired / disposed: Disposed (D)
Shares owned after: 127,739
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 $203.715 to $204.695 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 (8) to this Form 4.

Around the same time

Officer sold10mo ago

~$1.07MReported value · 5,000 sh @ $214.6204

Wabtec's Exec VP, General Counsel, Sec. sold $1.07M of Wabtec shares. Nobody planned it ahead of time.

Why it stands out Official record

Officer sold10mo ago

~$433KReported value · 2,019 sh @ $214.5068

Wabtec's President, Equipment Group sold $433K of Wabtec shares. Nobody planned it ahead of time.

Why it stands out Official record

Officer sold11mo ago

~$1.05MReported value · 5,000 sh @ $209.94

Wabtec's Exec VP, General Counsel, Sec. sold $1.05M of Wabtec shares. Nobody planned it ahead of time.

Why it stands out Official record