Insider Trading February 23, 2026

WAB Equipment Group President Disposes of $924K in Shares

Rogerio Mendonca sold 3,500 Westinghouse Air Brake Technologies shares as the stock traded near its 52-week high

By Maya Rios WAB
WAB Equipment Group President Disposes of $924K in Shares
WAB

Rogerio Mendonca, president of the Equipment Group at Westinghouse Air Brake Technologies Corp (WAB), reported the sale of 3,500 company shares on February 20, 2026, in a Form 4 filing with the SEC. The two transactions totaled $924,719. The sale occurred while WAB shares were trading near a 52-week high and follows the company's recent fourth-quarter 2025 earnings beat and an analyst price-target increase.

Key Points

  • Rogerio Mendonca sold 3,500 shares of Westinghouse Air Brake Technologies on February 20, 2026, per an SEC Form 4 filing.
  • The two transactions totaled $924,719 and left Mendonca with 10,101 directly held shares, which includes nine previously omitted shares.
  • WAB is trading near its 52-week high after a 44% one-year gain; recent Q4 2025 results beat estimates and Stephens raised its price target from $230 to $290.

Rogerio Mendonca, who leads the Equipment Group at Westinghouse Air Brake Technologies Corp (NYSE: WAB), disclosed the sale of 3,500 shares of the firm's common stock on February 20, 2026, according to a Form 4 filed with the Securities and Exchange Commission.

The total proceeds from the transactions amounted to $924,719. The disposition was executed in two separate trades. The first transaction covered 1,580 shares at a weighted average price of $263.7404, with execution prices reported between $263.22 and $264.22. The second transaction involved 1,920 shares at a weighted average price of $264.5883, with individual trade prices ranging from $264.24 to $265.02.

Following these reported sales, Mendonca is recorded as directly owning 10,101 shares of Westinghouse Air Brake Technologies Corp. That total includes nine shares that had been omitted from a prior filing and are now reflected in his holdings.

The insider disposition occurred as WAB shares were trading close to their 52-week high of $265.88. Over the previous 12 months the stock has delivered a 44% return. Separately, InvestingPro analysis cited in the filing context indicates the company appears overvalued at current levels.

Recent corporate results provide additional context to the market move. Westinghouse Air Brake Technologies reported fourth-quarter 2025 earnings per share of $2.10, surpassing the consensus estimate of $2.08. Quarterly revenue reached $3 billion, topping the forecast of $2.86 billion. The company’s earnings beat was attributed to higher-than-expected revenue, though that outperformance was partially offset by transit margins that were below expectations.

Following the quarterly report, Stephens adjusted its price objective for Westinghouse Air Brake from $230 to $290 and maintained an Overweight rating on the shares. Those analyst actions and the reported financial results were cited alongside the insider sale in filings and published commentary.


Investors and market observers will note the combination of an insider sale, the company’s recent earnings beat, a raised analyst price target, and a valuation assessment signaling overvaluation. The Form 4 filing provides the formal disclosure of Mendonca’s trades and the updated share count, while company earnings and analyst commentary supply the broader financial backdrop.

Risks

  • InvestingPro analysis indicates WAB appears overvalued at current price levels - this presents valuation risk for investors in the industrials and rail-equipment sectors.
  • Insider selling can be interpreted in multiple ways and may introduce short-term uncertainty for market participants focused on corporate insider activity.
  • The company’s earnings beat was partially offset by lower-than-expected transit margins, which introduces margin pressure risk for Westinghouse Air Brake and related transportation equipment businesses.

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