Westinghouse Air Brake EVP Sells Shares Worth $285,600
Gregory Sbrocco, Executive Vice President of Operations at Westinghouse Air Brake Technologies (NYSE: WAB), sold 952 shares on August 17, 2026. The transaction was valued at a weighted average price of $300 per share for a total value of $285,600. After the sale, Sbrocco retained ownership of 21,043 directly held shares, representing approximately 0.01% of WAB's market capitalization. The stock closed at $300.65 on August 17, valuing his remaining stake at around $6.3 million. The sale occurred amid a strong performance by the company’s stock, which had risen nearly 59% over the past year and outperformed broader market indices like the S&P 500. Analysts remain optimistic about WAB's future with six of every ten analysts rating it as a 'buy.' The railroad industry is expected to grow significantly in coming years due to infrastructure upgrades, which could benefit Westinghouse Air Brake Technologies and its stakeholders.
Tickers: $WAB
Topics: executive ownership SEC filing stock sale