Wabtec CEO Rafael Santana sells $682k in common stock

Rafael Santana, President and CEO of Westinghouse Air Brake Technologies Corp (NYSE:WAB), a $32 billion market cap company with strong financial health according to InvestingPro metrics, sold 3,597 shares of common stock on September 12 and 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission.

The sales were executed in multiple transactions with prices ranging from $188.8322 to $190.9361 per share, resulting in a total value of $682701.

Specifically, on September 12, Santana sold 485 shares at an average price of $189.0109, 897 shares at an average price of $190.0774 and 417 shares at an average price of $190.8357. On September 15, he sold 780 shares at an average price of $188.8322, 725 shares at an average price of $189.9585 and 293 shares at an average price of $190.9361.

Following these transactions, Santana directly owns 134,931 shares of Westinghouse Air Brake Technologies Corp. The company has maintained dividend payments for 31 consecutive years and shows strong return over the last five years. Get the complete financial analysis and 8 additional key insights with a InvestingPro subscription.

In other recent news, Westinghouse Air Brake Technologies Corp reported its second-quarter 2025 earnings, with adjusted earnings per share of $2.27, surpassing the forecasted $2.18. However, the company did not meet revenue expectations, posting $2.71 billion against a projected $2.77 billion. Despite the revenue shortfall, Westinghouse Air Brake raised its full-year 2025 guidance, increasing its sales forecast by $200 million and its earnings per share guidance by $0.20 at the midpoint. This adjustment reflects the inclusion of the recently closed Inspection Tech acquisition. KeyBanc reiterated its Overweight rating for Westinghouse Air Brake and maintained a $240 price target. Meanwhile, Korea Hydro & Nuclear Power’s CEO is set to meet with Westinghouse executives in Washington to discuss a proposed nuclear power joint venture between the two companies. These developments highlight significant strategic and financial moves for Westinghouse Air Brake.

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