Insider Trading February 26, 2026

WAB executive unloads roughly $2.1 million in shares as stock nears year high

President of Digital Electronics Nalin Jain reduces holdings amid strong quarter and stretched valuation metrics

By Nina Shah WAB
WAB executive unloads roughly $2.1 million in shares as stock nears year high
WAB

Nalin Jain, President of Digital Electronics at Westinghouse Air Brake Technologies CORP (NYSE:WAB), sold 7,936 shares on February 25, 2026 at a weighted average price of $264.0945, generating $2095853. The disposal took place as WAB shares traded close to their 52-week peak and after the company reported fourth-quarter 2025 results that beat expectations on both EPS and revenue.

Key Points

  • Nalin Jain, President of Digital Electronics at Westinghouse Air Brake Technologies CORP (NYSE:WAB), sold 7,936 shares on February 25, 2026 at a weighted average price of $264.0945, totaling $2095853.
  • Following the sale Jain directly owns 6,364 shares; the trades executed between $264.0801 and $264.19 as the stock traded near its 52-week high of $266.27 and at $263.20 currently.
  • Westinghouse reported Q4 2025 EPS of $2.10 versus $2.08 consensus and revenue of $3 billion versus $2.86 billion estimate; Stephens raised its price target to $290 from $230 and kept an Overweight rating.

Nalin Jain, who serves as President of Digital Electronics at Westinghouse Air Brake Technologies CORP (NYSE:WAB), disposed of 7,936 shares of company stock on February 25, 2026. The shares were sold at a weighted average price of $264.0945, realizing a total of $2095853.

The transactions occurred in multiple tranches, with execution prices spanning from $264.0801 to $264.19. At the time of the sale the stock was trading near its 52-week high of $266.27; shares are currently at $263.20. After completing the sales, Jain’s direct ownership stands at 6,364 shares of Westinghouse Air Brake Technologies CORP.

Westinghouse Air Brake Technologies CORP, a company with a market value of $44.88 billion, has produced notable share-price appreciation in recent months. The stock is up 23% year-to-date and has gained 35% over the past six months.

Third-party valuation commentary included in available analysis flags the stock as appearing overvalued at present levels, with a price-to-earnings ratio of 38.5. That analysis also notes that additional research and 17 further ProTips are accessible through the platform’s Pro Research Report.

These insider sales follow the company’s fourth-quarter 2025 financial disclosure, in which Westinghouse Air Brake reported adjusted earnings per share of $2.10, marginally above the consensus estimate of $2.08. Revenue for the quarter came in at $3 billion, exceeding the $2.86 billion analysts had anticipated.

Market responses included a coverage update from Stephens, which raised its price target to $290 from $230 while maintaining an Overweight rating. The firm attributed the company’s earnings beat to stronger-than-expected revenue, even as transit margins were lower than anticipated. Investor sentiment in reaction to these results has been described as optimistic.

The juxtaposition of a senior executive reducing position size while the company reports an earnings beat and receives an increased price target highlights two concurrent dynamics: notable recent stock appreciation and valuation metrics that some analyses consider elevated.


Note: The article reports the transactions and company financials as disclosed and cites valuation commentary available through the referenced research service.

Risks

  • Valuation concern - Third-party analysis indicates WAB appears overvalued at current levels, trading at a P/E ratio of 38.5; this valuation metric may affect investor expectations in equities and specialty finance sectors.
  • Insider selling - The sale by a senior executive could be interpreted by some market participants as a reduction in insider exposure, potentially influencing investor sentiment in the industrials and transportation-equipment supply chains.
  • Margin pressure - Management disclosed lower-than-expected transit margins in the quarter despite a revenue beat, introducing uncertainty around future profitability in segments tied to transit and mobility.

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