Wabtec insider activity
What the executives and directors of Wabtec actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$44M
net open-market flow, 12 m
0 open-market buys, 12 m
55.5%
of sale value on 10b5-1 plans, 12 m
1,756 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 156 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Jul 1, 2026 | Theophilus Nicole B | 2,192 |
| May 13, 2026 | BANKS LEE C | 765 |
| May 13, 2026 | Harty Linda S | 765 |
| May 13, 2026 | Hehir Brian | 765 |
| May 13, 2026 | Perez Juan R. | 765 |
| May 13, 2026 | Foster Byron S. | 765 |
| May 13, 2026 | Babcock Beverley A | 765 |
| May 13, 2026 | Klee Ann R. | 765 |
| Mar 5, 2026 | Olin John A | 10K |
| Mar 5, 2026 | DeNinno David L | 6,006 |
| Mar 5, 2026 | Theophilus Nicole B | 3,083 |
| Mar 5, 2026 | Mastalerz John A Jr | 840 |
| Mar 5, 2026 | Fetsko Michael | 3,116 |
| Mar 5, 2026 | Santana Rafael | 52K |
| Mar 5, 2026 | Sbrocco Gregory | 3,290 |
| Mar 5, 2026 | Jain Nalin | 2,857 |
| Mar 5, 2026 | Trombley Gina | 3,091 |
| Mar 5, 2026 | Gebhardt Eric | 4,130 |
| Mar 5, 2026 | Mendonca Rogerio | 3,027 |
| Mar 5, 2026 | Yates Kyra | 560 |
| Mar 5, 2026 | Gaur Sameer | 1,844 |
| Mar 2, 2026 | Schweitzer Pascal | 4,678 |
| Feb 12, 2026 | Olin John A | 42K |
| Feb 12, 2026 | DeNinno David L | 22K |
| Feb 12, 2026 | Mastalerz John A Jr | 4,317 |
| Feb 12, 2026 | Fetsko Michael | 9,958 |
| Feb 12, 2026 | Santana Rafael | 173K |
| Feb 12, 2026 | Schweitzer Pascal | 30K |
| Feb 12, 2026 | Sbrocco Gregory | 16K |
| Feb 12, 2026 | Jain Nalin | 10K |
| Feb 12, 2026 | Trombley Gina | 8,721 |
| Feb 12, 2026 | Gebhardt Eric | 13K |
| Feb 12, 2026 | Mendonca Rogerio | 10K |
| Feb 12, 2026 | Gaur Sameer | 4,982 |
| Feb 2, 2026 | Gaur Sameer | 274 |
| Dec 15, 2025 | Fetsko Michael | 1,000 |
| Oct 28, 2025 | DeNinno David L | 2,100 |
| Jul 30, 2025 | Harty Linda S | 2,270 |
| Jul 1, 2025 | Theophilus Nicole B | 2,192 |
| May 16, 2025 | BANKS LEE C | 953 |
| May 16, 2025 | NEUPAVER ALBERT J | 953 |
| May 16, 2025 | Harty Linda S | 953 |
| May 16, 2025 | Hehir Brian | 953 |
| May 16, 2025 | Perez Juan R. | 953 |
| May 16, 2025 | Foster Byron S. | 953 |
| May 16, 2025 | Babcock Beverley A | 953 |
| May 16, 2025 | Klee Ann R. | 953 |
| May 2, 2025 | Santana Rafael | 69K |
| Apr 24, 2025 | Jain Nalin | 2,314 |
| Mar 20, 2025 | Olin John A | 7,906 |
| Mar 20, 2025 | DeNinno David L | 5,027 |
| Mar 20, 2025 | Theophilus Nicole B | 3,480 |
| Mar 20, 2025 | Mastalerz John A Jr | 668 |
| Mar 20, 2025 | Fetsko Michael | 2,657 |
| Mar 20, 2025 | Santana Rafael | 43K |
| Mar 20, 2025 | Sbrocco Gregory | 2,756 |
| Mar 20, 2025 | Jain Nalin | 2,346 |
| Mar 20, 2025 | Trombley Gina | 2,462 |
| Mar 20, 2025 | Gebhardt Eric | 3,588 |
| Mar 20, 2025 | Mendonca Rogerio | 2,541 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| From holdings | 7,894 |
| Granted | 306K |
| Vested / exercised | 11K |
| Withheld for tax | 146K |
| Planned sales (10b5-1) | 95K |
| Discretionary sales | 79K |
| Gifts | 1,000 |
| Other out | 3,727 |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| NEUPAVER ALBERT J | 695K | 605K | 87.2 |
| Santana Rafael | 131K | 117K | 89.5 |
| DeNinno David L | 75K | 55K | 74 |
Who holds what
the 14 largest holdings of 26| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| KASSLING WILLIAM E Last trade Jul 31, 2023 | Director | 751K | – | – | Jul 31, 2023 | |
| NEUPAVER ALBERT J Last trade Nov 11, 2024 | Director | 605K | – | – | Nov 11, 2024 | |
| Santana Rafael President and CEO Last trade Sep 2, 2026 | CEO | 118K | – | $24M | net selling over the year: 0 months buying, 12 months selling | Sep 2, 2026 |
| Olin John A Executive Vice President & CFO Last trade Feb 24, 2026 | CFO | 62K | – | $2.9M | net selling over the year: 0 months buying, 1 month selling | Feb 24, 2026 |
| DeNinno David L Exec VP, General Counsel, Sec. Last trade Jul 24, 2026 | Officer | 55K | – | $4.1M | net selling over the year: 0 months buying, 5 months selling | Jul 24, 2026 |
| Fetsko Michael Pres., Freight Components Grp. Last trade Aug 20, 2026 | Officer | 38K | – | $2.0M | net selling over the year: 0 months buying, 2 months selling | Aug 20, 2026 |
| Hehir Brian Last trade Jun 3, 2025 | Director | 26K | – | – | Jun 3, 2025 | |
| Gebhardt Eric Chief Technology Officer Last trade Jul 24, 2026 | Officer | 25K | – | $2.1M | net selling over the year: 0 months buying, 1 month selling | Jul 24, 2026 |
| Schweitzer Pascal President Transit Last trade Nov 11, 2025 | Officer | 25K | – | $624K | net selling over the year: 0 months buying, 1 month selling | Nov 11, 2025 |
| Theophilus Nicole B EVP & Chief Admin. Officer Last trade Jun 11, 2025 | Officer | 24K | – | – | Jun 11, 2025 | |
| Sbrocco Gregory EVP Operations Last trade Aug 17, 2026 | Officer | 21K | – | $1.6M | net selling over the year: 0 months buying, 3 months selling | Aug 17, 2026 |
| Trombley Gina EVP Sales & Marketing Last trade Mar 12, 2026 | Officer | 14K | – | $971K | net selling over the year: 0 months buying, 1 month selling | Mar 12, 2026 |
| Leroux Lilian EVP Chief Strategy Officer Last trade May 5, 2025 | Officer | 14K | – | – | May 5, 2025 | |
| BANKS LEE C | Director | 14K | – | – | – |
Open-market trade log
the 60 most recent of 741| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 2, 2026 | Santana Rafael (CEO) 126 shares $282.03 −0.4% since trade filed Sep 3, 2026 | Planned sale (10b5-1) | 126 | $282.03 | $36K | −0.4% | Sep 3, 2026 |
| Sep 2, 2026 | Santana Rafael (CEO) 268 shares $281.10 −0.1% since trade filed Sep 3, 2026 | Planned sale (10b5-1) | 268 | $281.10 | $75K | −0.1% | Sep 3, 2026 |
| Sep 2, 2026 | Santana Rafael (CEO) 323 shares $280.21 +0.2% since trade filed Sep 3, 2026 | Planned sale (10b5-1) | 323 | $280.21 | $91K | +0.2% | Sep 3, 2026 |
| Sep 2, 2026 | Santana Rafael (CEO) 370 shares $279.21 +0.6% since trade filed Sep 3, 2026 | Planned sale (10b5-1) | 370 | $279.21 | $103K | +0.6% | Sep 3, 2026 |
| Sep 1, 2026 | Santana Rafael (CEO) 118 shares $281.74 −0.3% since trade filed Sep 3, 2026 | Planned sale (10b5-1) | 118 | $281.74 | $33K | −0.3% | Sep 3, 2026 |
| Sep 1, 2026 | Santana Rafael (CEO) 194 shares $278.93 +0.7% since trade filed Sep 3, 2026 | Planned sale (10b5-1) | 194 | $278.93 | $54K | +0.7% | Sep 3, 2026 |
| Sep 1, 2026 | Santana Rafael (CEO) 194 shares $280.86 +0.0% since trade filed Sep 3, 2026 | Planned sale (10b5-1) | 194 | $280.86 | $54K | +0.0% | Sep 3, 2026 |
| Sep 1, 2026 | Santana Rafael (CEO) 590 shares $279.87 +0.4% since trade filed Sep 3, 2026 | Planned sale (10b5-1) | 590 | $279.87 | $165K | +0.4% | Sep 3, 2026 |
| Aug 21, 2026 | Mendonca Rogerio (Officer) 9 shares $296.24 −5.2% since trade filed Aug 24, 2026 | Discretionary sale | 9 | $296.24 | $3K | −5.2% | Aug 24, 2026 |
| Aug 21, 2026 | Mendonca Rogerio (Officer) 2,910 shares $297.05 −5.5% since trade filed Aug 24, 2026 | Discretionary sale | 2,910 | $297.05 | $864K | −5.5% | Aug 24, 2026 |
| Aug 20, 2026 | Fetsko Michael (Officer) 288 shares $293.84 −4.4% since trade filed Aug 21, 2026 | Discretionary sale | 288 | $293.84 | $85K | −4.4% | Aug 21, 2026 |
| Aug 20, 2026 | Fetsko Michael (Officer) 2,962 shares $293.16 −4.2% since trade filed Aug 21, 2026 | Discretionary sale | 2,962 | $293.16 | $868K | −4.2% | Aug 21, 2026 |
| Aug 17, 2026 | Sbrocco Gregory (Officer) 952 shares $300.00 −6.4% since trade filed Aug 18, 2026 | Planned sale (10b5-1) | 952 | $300.00 | $286K | −6.4% | Aug 18, 2026 |
| Aug 5, 2026 | Santana Rafael (CEO) 54 shares $298.85 −6.0% since trade filed Aug 6, 2026 | Planned sale (10b5-1) | 54 | $298.85 | $16K | −6.0% | Aug 6, 2026 |
| Aug 5, 2026 | Santana Rafael (CEO) 194 shares $298.26 −5.8% since trade filed Aug 6, 2026 | Planned sale (10b5-1) | 194 | $298.26 | $58K | −5.8% | Aug 6, 2026 |
| Aug 5, 2026 | Santana Rafael (CEO) 397 shares $296.14 −5.2% since trade filed Aug 6, 2026 | Planned sale (10b5-1) | 397 | $296.14 | $118K | −5.2% | Aug 6, 2026 |
| Aug 5, 2026 | Santana Rafael (CEO) 518 shares $297.05 −5.5% since trade filed Aug 6, 2026 | Planned sale (10b5-1) | 518 | $297.05 | $154K | −5.5% | Aug 6, 2026 |
| Aug 4, 2026 | Santana Rafael (CEO) 80 shares $296.46 −5.3% since trade filed Aug 6, 2026 | Planned sale (10b5-1) | 80 | $296.46 | $24K | −5.3% | Aug 6, 2026 |
| Aug 4, 2026 | Santana Rafael (CEO) 120 shares $297.68 −5.7% since trade filed Aug 6, 2026 | Planned sale (10b5-1) | 120 | $297.68 | $36K | −5.7% | Aug 6, 2026 |
| Aug 4, 2026 | Santana Rafael (CEO) 334 shares $298.90 −6.0% since trade filed Aug 6, 2026 | Planned sale (10b5-1) | 334 | $298.90 | $100K | −6.0% | Aug 6, 2026 |
| Aug 4, 2026 | Santana Rafael (CEO) 629 shares $299.70 −6.3% since trade filed Aug 6, 2026 | Planned sale (10b5-1) | 629 | $299.70 | $189K | −6.3% | Aug 6, 2026 |
| Jul 24, 2026 | DeNinno David L (Officer) 3,000 shares $301.31 −6.8% since trade filed Jul 27, 2026 | Discretionary sale | 3,000 | $301.31 | $904K | −6.8% | Jul 27, 2026 |
| Jul 24, 2026 | Gebhardt Eric (Officer) 1,107 shares $297.39 −5.6% since trade filed Jul 27, 2026 | Discretionary sale | 1,107 | $297.39 | $329K | −5.6% | Jul 27, 2026 |
| Jul 24, 2026 | Gebhardt Eric (Officer) 1,600 shares $300.49 −6.5% since trade filed Jul 27, 2026 | Discretionary sale | 1,600 | $300.49 | $481K | −6.5% | Jul 27, 2026 |
| Jul 24, 2026 | Gebhardt Eric (Officer) 2,040 shares $298.86 −6.0% since trade filed Jul 27, 2026 | Discretionary sale | 2,040 | $298.86 | $610K | −6.0% | Jul 27, 2026 |
| Jul 24, 2026 | Gebhardt Eric (Officer) 2,353 shares $299.69 −6.3% since trade filed Jul 27, 2026 | Discretionary sale | 2,353 | $299.69 | $705K | −6.3% | Jul 27, 2026 |
| Jul 24, 2026 | Gaur Sameer (Officer) 1,000 shares $300.64 −6.6% since trade filed Jul 27, 2026 | Discretionary sale | 1,000 | $300.64 | $301K | −6.6% | Jul 27, 2026 |
| Jul 7, 2026 | Santana Rafael (CEO) 147 shares $255.60 +9.9% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 147 | $255.60 | $38K | +9.9% | Jul 8, 2026 |
| Jul 7, 2026 | Santana Rafael (CEO) 189 shares $256.50 +9.5% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 189 | $256.50 | $48K | +9.5% | Jul 8, 2026 |
| Jul 7, 2026 | Santana Rafael (CEO) 257 shares $259.12 +8.4% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 257 | $259.12 | $67K | +8.4% | Jul 8, 2026 |
| Jul 7, 2026 | Santana Rafael (CEO) 283 shares $258.37 +8.7% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 283 | $258.37 | $73K | +8.7% | Jul 8, 2026 |
| Jul 7, 2026 | Santana Rafael (CEO) 287 shares $254.34 +10.4% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 287 | $254.34 | $73K | +10.4% | Jul 8, 2026 |
| Jul 6, 2026 | Santana Rafael (CEO) 164 shares $262.81 +6.9% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 164 | $262.81 | $43K | +6.9% | Jul 8, 2026 |
| Jul 6, 2026 | Santana Rafael (CEO) 184 shares $263.68 +6.5% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 184 | $263.68 | $49K | +6.5% | Jul 8, 2026 |
| Jul 6, 2026 | Santana Rafael (CEO) 815 shares $261.55 +7.4% since trade filed Jul 8, 2026 | Planned sale (10b5-1) | 815 | $261.55 | $213K | +7.4% | Jul 8, 2026 |
| Jun 12, 2026 | Gaur Sameer (Officer) 1,082 shares $263.50 +6.6% since trade filed Jun 16, 2026 | Discretionary sale | 1,082 | $263.50 | $285K | +6.6% | Jun 16, 2026 |
| Jun 8, 2026 | Santana Rafael (CEO) 20 shares $263.76 +6.5% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 20 | $263.76 | $5K | +6.5% | Jun 9, 2026 |
| Jun 8, 2026 | Santana Rafael (CEO) 193 shares $261.81 +7.3% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 193 | $261.81 | $51K | +7.3% | Jun 9, 2026 |
| Jun 8, 2026 | Santana Rafael (CEO) 251 shares $262.83 +6.9% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 251 | $262.83 | $66K | +6.9% | Jun 9, 2026 |
| Jun 8, 2026 | Santana Rafael (CEO) 299 shares $260.80 +7.7% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 299 | $260.80 | $78K | +7.7% | Jun 9, 2026 |
| Jun 8, 2026 | Santana Rafael (CEO) 400 shares $259.66 +8.2% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 400 | $259.66 | $104K | +8.2% | Jun 9, 2026 |
| Jun 5, 2026 | Santana Rafael (CEO) 79 shares $263.72 +6.5% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 79 | $263.72 | $21K | +6.5% | Jun 9, 2026 |
| Jun 5, 2026 | Santana Rafael (CEO) 160 shares $262.99 +6.8% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 160 | $262.99 | $42K | +6.8% | Jun 9, 2026 |
| Jun 5, 2026 | Santana Rafael (CEO) 378 shares $261.85 +7.3% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 378 | $261.85 | $99K | +7.3% | Jun 9, 2026 |
| Jun 5, 2026 | Santana Rafael (CEO) 546 shares $260.83 +7.7% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 546 | $260.83 | $142K | +7.7% | Jun 9, 2026 |
| May 5, 2026 | DeNinno David L (Officer) 2,500 shares $265.48 +5.8% since trade filed May 7, 2026 | Discretionary sale | 2,500 | $265.48 | $664K | +5.8% | May 7, 2026 |
| May 5, 2026 | Santana Rafael (CEO) 202 shares $263.34 +6.7% since trade filed May 6, 2026 | Planned sale (10b5-1) | 202 | $263.34 | $53K | +6.7% | May 6, 2026 |
| May 5, 2026 | Santana Rafael (CEO) 300 shares $265.27 +5.9% since trade filed May 6, 2026 | Planned sale (10b5-1) | 300 | $265.27 | $80K | +5.9% | May 6, 2026 |
| May 5, 2026 | Santana Rafael (CEO) 317 shares $264.21 +6.3% since trade filed May 6, 2026 | Planned sale (10b5-1) | 317 | $264.21 | $84K | +6.3% | May 6, 2026 |
| May 5, 2026 | Santana Rafael (CEO) 344 shares $266.12 +5.5% since trade filed May 6, 2026 | Planned sale (10b5-1) | 344 | $266.12 | $92K | +5.5% | May 6, 2026 |
| May 4, 2026 | Santana Rafael (CEO) 23 shares $266.52 +5.4% since trade filed May 6, 2026 | Planned sale (10b5-1) | 23 | $266.52 | $6K | +5.4% | May 6, 2026 |
| May 4, 2026 | Santana Rafael (CEO) 222 shares $265.78 +5.7% since trade filed May 6, 2026 | Planned sale (10b5-1) | 222 | $265.78 | $59K | +5.7% | May 6, 2026 |
| May 4, 2026 | Santana Rafael (CEO) 242 shares $264.29 +6.3% since trade filed May 6, 2026 | Planned sale (10b5-1) | 242 | $264.29 | $64K | +6.3% | May 6, 2026 |
| May 4, 2026 | Santana Rafael (CEO) 310 shares $263.47 +6.6% since trade filed May 6, 2026 | Planned sale (10b5-1) | 310 | $263.47 | $82K | +6.6% | May 6, 2026 |
| May 4, 2026 | Santana Rafael (CEO) 366 shares $262.30 +7.1% since trade filed May 6, 2026 | Planned sale (10b5-1) | 366 | $262.30 | $96K | +7.1% | May 6, 2026 |
| Apr 14, 2026 | Santana Rafael (CEO) 826 shares $267.09 +5.2% since trade filed Apr 16, 2026 | Planned sale (10b5-1) | 826 | $267.09 | $221K | +5.2% | Apr 16, 2026 |
| Apr 14, 2026 | Santana Rafael (CEO) 2,393 shares $269.96 +4.0% since trade filed Apr 16, 2026 | Planned sale (10b5-1) | 2,393 | $269.96 | $646K | +4.0% | Apr 16, 2026 |
| Apr 14, 2026 | Santana Rafael (CEO) 21K shares $268.43 +4.6% since trade filed Apr 16, 2026 | Planned sale (10b5-1) | 21K | $268.43 | $5.7M | +4.6% | Apr 16, 2026 |
| Apr 14, 2026 | Santana Rafael (CEO) 36K shares $269.13 +4.4% since trade filed Apr 16, 2026 | Planned sale (10b5-1) | 36K | $269.13 | $9.8M | +4.4% | Apr 16, 2026 |
| Mar 12, 2026 | Trombley Gina (Officer) 4,013 shares $241.87 +16.1% since trade filed Mar 13, 2026 | Discretionary sale | 4,013 | $241.87 | $971K | +16.1% | Mar 13, 2026 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
260 Forms 4, 3 years
0 filed late
2 amendments
1.9 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.