Insider Cluster (3 insiders) ·Filed Aug 24, 2026

WAB

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
NEUTRAL
Impact 2/10
Horizonimmediate Processed1mo ago
Insider cluster: 3 insiders, $1.2M total
Actionable Insight • Neutral

This cluster is routine and non-informative. The dollar value is negligible relative to WAB's $50.3B market cap, and insider sales are weak predictors on average. Monitor for any upcoming earnings or material corporate events, but this filing alone does not warrant a trading action.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d
WAB ▼ -2.66% at T+20d
NEUTRAL call ✗ call lost -2.66% · α vs SPY -3.97% · entry $297.62 → $289.71
Next anchor: T+60d in 6w
Latest observation: T+26 -5.37% FF3 residual α
Entry anchored
Aug 21, 04:00 PM ET
via 1-min bar
T+1d
-0.23%
call -0.23% · α -0.55%
$296.94
settled 6w ago
T+5d
-3.93%
call -3.93% · α -4.40%
$285.93
settled 5w ago
T+20d
-2.66%
call -2.66% · α -3.97%
$289.71
settled 11d ago
T+60d
—
call — · α —
—
in 6w

Price Chart

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Executive Summary

Three WAB insiders — the Presidents of the Equipment Group and Freight Components Group, plus the EVP of Operations — sold a combined $1.16M in open-market sales over a 7-day window. The total is only ~0.002% of WAB's $50.3B market cap, making this a trivial, routine cluster. Per academic literature, insider sales are weak predictors, and cluster sales are not more informative than non-cluster sales. The historical calibration shows past WAB reports have a 30% win rate at T+20 with negative alpha, further supporting a neutral, low-impact read.

Key Financial Metrics

Direction
selling
Total Value
$1.2M
Insiders
3

Key Facts

  • Three WAB insiders sold a total of ~$1.16M in open-market sales over 7 days.
  • Total sales represent ~0.002% of WAB's $50.3B market cap — a trivial amount.
  • Sellers include the Presidents of Equipment Group and Freight Components Group, plus the EVP of Operations.
  • No insider buying in the cluster; net direction is entirely selling.
  • Past WAB reports have a 30% win rate at T+20 with -2.38% average P&L, supporting a low-impact read.

Financial Impact

Total insider sales of ~$1.16M, or ~0.002% of market cap — immaterial.

insider ownership

Risk Factors

  • Insider sales could be misinterpreted as a bearish signal by retail traders.
  • No immediate catalyst identified; the cluster may reflect routine portfolio diversification or tax planning.

Market Snapshot

Exchange
NYSE
Sector
Railroad Equipment
Analyst Consensus
72% bullish (18 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-WAB-1787645783037
13 reports for WAB
Performance horizon
100% Hit rate 5 of 5 directional calls best @ T+20▲ +7.09%Feb 24, 2026
Filters
Rows
Reports for WAB — sortable, filterable
TypeNow
Aug 24, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$297.62 $289.71▼ −2.66%▼ −3.97%$290.21 (−2.49%)
Aug 21, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$297.57 $280.23▼ −5.83%▼ −5.55%$290.21 (−2.47%)
Jul 27, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$300.90 $297.62▼ −1.09%▼ −4.39%$290.21 (−3.55%)
Jul 22, 2026
10w ago
8-K
BULLISH ★ 7/10
$290.00 $292.23▲ +0.77%▼ −2.13%$290.21 (+0.07%)
Jun 16, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$272.12 $262.02▼ −3.71%▼ −3.91%$290.21 (+6.65%)
Apr 22, 2026
23w ago
8-K
BULLISH ★ 8/10
$261.43 $255.29▼ −2.35%▼ −5.51%$290.21 (+11.01%)
Mar 10, 2026
29w ago
Insider Cluster
BEARISH ★ 6/10
$246.52 $269.59▼ −9.36%▼ −9.51%$290.21 (−17.73%)
Feb 24, 2026
31w ago
Insider Cluster
NEUTRAL ★ 3/10
$264.30 $245.56▼ −7.09%▼ −2.10%$290.21 (+9.81%)
Feb 24, 2026
31w ago
Insider Cluster
NEUTRAL ★ 3/10
$264.30 $245.56▼ −7.09%▼ −2.10%$290.21 (+9.81%)
Feb 24, 2026
31w ago
Insider Cluster
NEUTRAL ★ 3/10
$264.30 $245.56▼ −7.09%▼ −2.10%$290.21 (+9.81%)
Showing 10 of 13

US Market Status

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Report published Aug 25, 2026