Mastalerz John A Jr 4

What Happened John A. Mastalerz Jr., SVP Finance, Corporate Controller and CAO of Westinghouse Air Brake Technologies Corp (WAB), received an award of 3,213 shares on 2026-02-12 at an attributed price of $257.52 per share (total value $827,428). Of those shares, 1,104 were withheld to satisfy tax obligations (1,104 × $257.52 = $284,308), leaving a net delivery of 2,109 shares (approximate net value $543,110). This was an award/vesting event rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-12
• Award (code A): 3,213 shares @ $257.52 — $827,428 total
• Tax withholding (code F): 1,104 shares @ $257.52 — $284,308 withheld (footnote F1: shares withheld to satisfy tax obligations)
• Net shares delivered: 2,109 shares (approx. $543,110)
• Filing date: 2026-02-17 (filed 5 days after the transaction; appears to be a late Form 4)
• Shares owned after transaction: not specified in the provided filing
• Transaction codes: A = Award/Grant, F = Tax withholding

Context This looks like a routine equity award/vesting with cashless withholding to cover taxes (common for RSUs). Such awards reflect compensation recognition and are not the same signal as an outright open-market purchase (which some investors view as a stronger bullish sign). The late filing reduces near-term transparency but does not change the underlying award facts reported.